FXD Stock Summary and Trading Ideas (First Trust Consumer Discretionary Alphadex | ARCA:FXD)

The First Trust Consumer Discretionary AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before fees and expenses of an equity index called the StrataQuant Consumer Discretionary Index.

First Trust Consumer Discretionary Alphadex trades on the ARCA stock market under the symbol FXD.

As of April 26, 2024, FXD stock price climbed to $59.68 with 4,311 million shares trading.

FXD has a beta of 1.26, meaning it tends to be more sensitive to market movements. FXD has a correlation of 0.66 to the broad based SPY ETF.

FXD has a market cap of $1.47 billion. This is considered a Small Cap stock.

In the last 3 years, FXD stock traded as high as $65.85 and as low as $42.61.

FXD has underperformed the market in the last year with a price return of +17.5% while the SPY ETF gained +26.9%. FXD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.8% and -2.3%, respectively, while the SPY returned +4.5% and -1.9%, respectively.

FXD support price is $58.37 and resistance is $59.89 (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 FXD stock will trade within this expected range on the day.