(FKU) First Trust United Kingdom - Ratings and Ratios

The First Trust United Kingdom AlphaDEX® Fund (NASDAQ:FKU) is an exchange-traded fund (ETF) designed to track the performance of the NASDAQ United Kingdom Index using the AlphaDEX® selection methodology. The fund typically invests at least 90% of its net assets in securities from this index, which is tailored to select stocks with the potential to generate positive alpha, or risk-adjusted returns, relative to traditional market-capitalization-weighted indices. The AlphaDEX® methodology employs a quantitative model that evaluates factors such as price momentum, revenue growth, and other fundamental metrics to identify stocks with favorable risk-return profiles. This approach aims to outperform broader market indices while maintaining exposure to the UK equity market.

Based on the provided data, the fund currently has an average 20-day volume of 5,222 shares, with a last price of $41.28. The funds short-term technical outlook is bullish, as its price is trading above both the 20-day ($40.34) and 50-day ($39.04) simple moving averages. The 200-day SMA ($38.95) also supports this bullish trend. The Average True Range (ATR) of 0.43 indicates relatively low volatility. With assets under management (AUM) of $60.36 million, the fund operates with moderate scale, suggesting a stable investor base. Over the next three months, the fund is expected to maintain its upward trajectory, with potential price targets near $42.50, supported by continued strength in its technical indicators and the underlying fundamentals of the UK equities it tracks.