What are the Technicals Pointing to for First Trust AlphaDEX U.S. Energy Sector Index ETF (:FHE) as Hull MA Touches 11.431481

There are plenty of various strategies to employ when deciding which stocks to buy. These different strategies may be super simple or highly complex. Although there is no one plan that will magically create instant profits, having a plan in place will most likely benefit the investor immensely. One way to examine shares is by following fundamental data. Essentially, fundamental study involves viewing the health of a particular company by studying company financials. Many investors will closely study the balance sheet to see how profitable the company has been and try to figure out future performance. Investors may choose to compare companies that share the same sector in order to get a truer sense of how it stacks up to the competition.

The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels for First Trust AlphaDEX U.S. Energy Sector Index ETF (:FHE) below:

Simple Moving Average 20 day: 11.408
Simple Moving Average 100 day: 13.6982
Simple Moving Average 10 day11.512
Simple Moving Average 50 day: 12.6994
Simple Moving Average 30 day: 11.702666
Simple Moving Average 200 day: 13.26155

Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages on shares of First Trust AlphaDEX U.S. Energy Sector Index ETF (:FHE), we note that the 200 day is 13.470976, the 100 day is 13.024005, and the 50 day is 12.390514. Zooming in closer, we note that the 30 day EMA is 11.888884, the 20 day is 11.625955, and the 10 day is noted at 11.479321.

Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 11.431481. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.

Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 11.452723 and the 20 day upper band at 11.799186. During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.

Investors tracking shares of First Trust AlphaDEX U.S. Energy Sector Index ETF (:FHE) will note that since the stock opened at 11.33, shares have seen a change of 0.1. During that period, the stock has touched a low of 11.33 and tipped a high of 11.44. Volume on the day is presently 2500. 

The 20 day Chaikin Money Flow indicator is currently -0.41780075. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.

Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for First Trust AlphaDEX U.S. Energy Sector Index ETF (:FHE, we can see that the all time high is currently 20.27, and the all time low is 10.13. Let’s look at some alternate high/low price data:

Six month low: 10.62
Six month high: 15.55
One year low: 10.13
One year high: 15.55
Three month low: 10.62
Three month high: 15.55
One month low: 10.62
One month high: 12.58

Investors might be searching far and wide for the next set of winning stocks to add to the portfolio. Many value investors may be on the lookout for stocks that are underpriced at current levels. Some investors may be looking for names that have the potential to see major growth in the next few years. Picking growth companies can be a bit riskier, but they may have much bigger potential for substantial returns. Other investors may be interested in finding companies that provide stable returns and pay out a solid dividend. Investors may even choose to piece together the portfolio with stocks from different categories. Having a diverse selection of stocks is typically recommended for longer-term portfolio health.