FXH Stock Summary and Trading Ideas (First Trust Health Care Alphadex | ARCA:FXH)

The First Trust Health Care 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 Health Care Index.

First Trust Health Care Alphadex trades on the ARCA stock market under the symbol FXH.

As of May 13, 2024, FXH stock price climbed to $105.59 with 15,931 million shares trading.

FXH has a beta of 0.86, meaning it tends to be less sensitive to market movements. FXH has a correlation of 0.56 to the broad based SPY ETF.

FXH has a market cap of $1.26 billion. This is considered a Small Cap stock.

In the last 3 years, FXH stock traded as high as $128.19 and as low as $89.32.

FXH has underperformed the market in the last year with a price return of -0.6% while the SPY ETF gained +28.2%. FXH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.9% and +1.2%, respectively, while the SPY returned +5.8% and +2.1%, respectively.

FXH support price is $104.65 and resistance is $106.33 (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 FXH stock will trade within this expected range on the day.