(FNX) First Trust Mid Cap Core - Ratings and Ratios

The First Trust Mid Cap Core AlphaDEX® Fund (NASDAQ: FNX) is an ETF that typically allocates at least 90% of its net assets to securities within the NASDAQ US 600 Mid Cap Index. The fund employs the AlphaDEX® methodology to select stocks that aim to outperform traditional indices by identifying those with the potential for positive alpha. This approach evaluates factors such as price momentum and value to optimize its portfolio.

Based on the provided data, the funds last price of $107.99 is above its 20-day SMA of $101.92 and 50-day SMA of $106.91, suggesting short-term strength. However, it is below the 200-day SMA of $114.17, indicating a possible correction or consolidation. The ATR of 3.37 reflects moderate volatility. With an AUM of $1.00774B, the fund is well-established, offering stability and liquidity. This data suggests a cautious outlook, with potential for recovery as it navigates current market dynamics.