(DVLU) First Trust Dorsey Wright - Ratings and Ratios

The First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) is an exchange-traded fund designed to track the performance of the 50 most undervalued stocks within the NASDAQ U.S. Large Mid Cap Index that also exhibit strong relative strength. Under normal market conditions, the fund invests at least 90% of its net assets in the equity securities of the index. The index employs a rules-based methodology to identify undervalued stocks with high relative strength, combining elements of value and momentum investing.

As of the latest data, DVLU has an average trading volume of 1,994 shares over the past 20 days, with a last price of $28.35. The funds short-term and long-term moving averages (SMA 20: $29.97, SMA 50: $30.06, SMA 200: $29.86) indicate recent price weakness relative to its historical averages. The Average True Range (ATR) of 0.37 reflects low volatility. With assets under management (AUM) of $29.18 million, DVLU is a smaller ETF focused on mid-cap value stocks.

3-Month Forecast: Based on the current technical and fundamental data, DVLU is expected to face headwinds in the near term. The funds price is currently below its key moving averages (SMA 20, SMA 50, and SMA 200), suggesting bearish momentum. Additionally, the low average volume may limit liquidity, potentially exacerbating price swings. However, the low ATR indicates that volatility is likely to remain muted. Fundamental factors, including the focus on undervalued mid-cap stocks, may provide some support, but overall, the outlook leans bearish in the absence of a significant catalyst.