FDM Stock Summary and Trading Ideas (First Trust Dow Jones Select Microcap | ARCA:FDM)

The First Trust Dow MicroCap Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible before fees and expenses the price and yield of the Dow Jones Select Microcap Index.

First Trust Dow Jones Select Microcap trades on the ARCA stock market under the symbol FDM.

As of April 24, 2024, FDM stock price climbed to $60.49 with 3,950 million shares trading.

FDM has a market cap of $172.70 million. This is considered a Micro Cap stock.

In the last 3 years, FDM stock traded as high as $66.73 and as low as $49.38.

FDM has underperformed the market in the last year with a return of +18.4%, while the SPY ETF gained +24.2%. In the last 3 month period, FDM fell short of the market, returning +2.1%, while SPY returned +4.6%. However, in the most recent 2 weeks FDM has outperformed the stock market by returning -2.1%, while SPY returned -2.7%.

FDM support price is $59.53 and resistance is $60.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDM stock will trade within this expected range on the day.