(FXH) First Trust Health Care - Ratings and Ratios

The First Trust Health Care AlphaDEX® Fund (NYSE ARCA: FXH) is an exchange-traded fund (ETF) designed to track the performance of the Health Care AlphaDEX® Index. The fund typically allocates at least 90% of its net assets to securities included in this index. The index employs a modified equal-dollar weighted approach to select healthcare sector stocks from the Russell 1000® Index, aiming to identify companies with potential for positive alpha relative to traditional passive indices. The AlphaDEX® selection methodology evaluates factors such as price appreciation, revenue growth, and other metrics to construct the index.

As of the latest data, the fund has an average trading volume of 25,100 shares over the past 20 days, with a last price of $100.55. Its short-term trend indicators show a 20-day simple moving average (SMA) of $97.53, while the 50-day SMA stands at $102.06, and the 200-day SMA is at $107.32. The Average True Range (ATR) of 2.46 indicates moderate volatility. With assets under management (AUM) of $865.48 million, the fund represents a significant investment vehicle in the healthcare sector.

Based on the technical and fundamental data, the fund is expected to experience short-term volatility but may stabilize near the 50-day SMA of $102.06. The 200-day SMA at $107.32 could act as a resistance level, while the 20-day SMA at $97.53 may provide near-term support. The ATR of 2.46 suggests that price fluctuations will remain moderate. The funds AUM of $865.48 million reflects its popularity among investors seeking exposure to the healthcare sector.