First Trust Rising Dividend Achievers ETF (RDVY)

First Trust Rising Dividend Achievers ETF is trading at $82.94, down 0.53% on the session. The 50 day average sits at $80.14 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 69.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $79.48 with resistance near $83.99, so that band frames the current range. Average daily movement is roughly $0.78, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 78 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 86.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stock and depositary receipts that comprise the index. According to the index Provider, the index measures the performance of a selection of securities that have increased their dividend value over the previous three year and five-year annual periods. The index is comprised of four Sub-Portfolios.