FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

FT Vest Rising Dividend Achievers Target Income ETF is trading at $28.14, down 0.11% on the session. The 50 day average sits at $28.66 and the 200 day at $27.85, which puts the stock in a uptrend. RSI is at 44.8, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $28.03 with resistance near $28.38, so that band frames the current range. Average daily movement is roughly $0.27, or about 1.0% of the share price, which is what any stop placement has to allow for. The overall health score of 65 out of 100 combines a trend score of 57, momentum of 56 and a risk score of 92.

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities and/or investments that provide exposure to dividend-paying securities. In furtherance of its objectives, the adviser seeks to make distributions from stock dividends and option premiums at an annual rate that is approximately 8.0% over the current annual dividend yield of the S&P 500 ® Index. The fund is non-diversified.