For its latest trading sesion, First Trust RiverFront Dynamic Asia Pacific ETF (RFAP) spiked up by 0.2% – here is what that looked like (as of 2019-10-29):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.276, an Accumulation/Distribution Index (ADI) of 0.276, an On-Balance Volume (OBV) of 51.536, and a Chaiikin Money Flow (CMF) of -51.6. 0.25
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
So there you have it – our analysis of First Trust RiverFront Dynamic Asia Pacific ETF (RFAP). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
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