First Trust Value Line Dividend Index Fund (FVD)

First Trust Value Line Dividend Index Fund is trading at $49.55, down 0.04% on the session. The 50 day average sits at $49.18 and the 200 day at $48.40, which puts the stock in a uptrend. RSI is at 65.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $46.63 with resistance near $50.52, so that band frames the current range. Average daily movement is roughly $0.45, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 77, momentum of 77 and a risk score of 78.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the securities ranked #1 or #2 according to the index provider's proprietary Value Line® Safety™ Ranking System (the "Safety Ranking System") that are also still expected to provide above-average dividend yield.