First Trust Morningstar Dividend Leaders Index Fund (FDL)

First Trust Morningstar Dividend Leaders Index Fund is trading at $49.77, down 0.76% on the session. The 50 day average sits at $51.85 and the 200 day at $49.83, which puts the stock in a uptrend. RSI is at 24.1, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $48.59 with resistance near $52.13, so that band frames the current range. Average daily movement is roughly $0.49, or about 1.0% of the share price, which is what any stop placement has to allow for. The overall health score of 48 out of 100 combines a trend score of 37, momentum of 34 and a risk score of 84.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments. It is non-diversified.