TDIV Stock Summary and Trading Ideas (First Trust Nasdaq Technology Dividend | NASDAQ:TDIV)

The First Trust NASDAQ Technology Dividend Index Fund is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ Technology Dividend IndexSM (the Index ).

First Trust Nasdaq Technology Dividend trades on the NASDAQ stock market under the symbol TDIV.

As of April 24, 2024, TDIV stock price climbed to $67.28 with 77,480 million shares trading.

TDIV has a beta of 1.24, meaning it tends to be more sensitive to market movements. TDIV has a correlation of 0.78 to the broad based SPY ETF.

TDIV has a market cap of $2.32 billion. This is considered a Mid Cap stock.

In the last 3 years, TDIV stock traded as high as $71.17 and as low as $41.61.

TDIV has outperformed the market in the last year with a return of +31.0%, while the SPY ETF gained +24.1%. However, in the most recent history, TDIV shares have underperformed the stock market with its stock returning +0.9% in the last 3 month period and -2.0% for the last 2 week period, while SPY has returned +4.5% and -1.7%, respectively.

TDIV support price is $65.87 and resistance is $67.37 (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 TDIV stock will trade within this expected range on the day.