FXU Stock Summary and Trading Ideas (First Trust Utilities Alphadex | ARCA:FXU)

The First Trust Utilities 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 Utilities Index.

First Trust Utilities Alphadex trades on the ARCA stock market under the symbol FXU.

As of April 16, 2024, FXU stock price declined to $30.74 with 66,138 million shares trading.

FXU has a beta of 0.57, meaning it tends to be less sensitive to market movements. FXU has a correlation of 0.13 to the broad based SPY ETF.

FXU has a market cap of $213.64 million. This is considered a Small Cap stock.

In the last 3 years, FXU stock traded as high as $36.15 and as low as $26.78.

FXU has underperformed the market in the last year with a price return of -4.6% while the SPY ETF gained +23.7%. FXU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.0% and -4.8%, respectively, while the SPY returned +5.9% and -3.6%, respectively.

FXU support price is $31.08 and resistance is $31.68 (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 FXU stock will trade within this expected range on the day.