First Trust Indxx Etf Technical Analysis
| LEGR Etf | USD 58.93 0.36 0.61% |
Market data as of the 17th of March 2026 shows First Trust priced at 58.93 per share. Measured indicators report Downside Deviation of 0.9857, mean deviation of 0.7134, and Coefficient Of Variation of 6809.33. The model examines historical data series to identify measurable trend characteristics. Technical levels are measured against peer distributions.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst Trust's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Market capitalization and book value offer complementary views of First Trust Indxx - the first driven by investor sentiment, the second by accounting standards. Intrinsic value reflects what First Trust's fundamentals imply about worth, which may differ from both the trading price and the book figure. Analytical frameworks help reconcile those views.
The concept of value for First Trust differs from its quoted price, since each reflects a different lens. A full view may include fundamental ratios, momentum patterns, industry dynamics, and analyst estimates. By contrast, First Trust market price reflects the level where buyers and sellers transact.
What if' Analysis
Backtesting a what-if scenario on First Trust Indxx helps investors see how the etf may have behaved if the position had been entered, held, or resized under different historical assumptions. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 12/17/2025 |
| 03/17/2026 |
A 0.00 position in First Trust initiated on December 17, 2025 and held to today would produce 0.00 in cumulative gains. Overall, this is a 0.0% return on investment in First Trust on balance over 90 days. First Trust has comparable peers such as First Trust, Cambria Trinity, VanEck Israel, IShares MSCI, Dimensional ETF, IShares Genomics, and Franklin FTSE. Peer context can support comparative analysis. The fund will normally invest at least 90 percent of its net assets in common stocks and depositary receipts that compri... More
Momentum Range Indicators for First Trust Overview
These indicators describe how First Trust momentum evolves across recent price ranges. The indicators are presented as neutral context for price dynamics.
| Downside Deviation | 0.9857 | |||
| Information Ratio | 0.0486 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | -1.47 | |||
| Potential Upside | 1.36 |
First Trust Volatility and Risk Indicators Overview
This section presents risk metrics that describe First Trust's historical price variability. The signals are informational and describe volatility patterns.| Risk Adjusted Performance | 0.0129 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.0037 |
Mean reversion in First Trust's price occurs when temporary dislocations - caused by sentiment extremes, news events, or liquidity shocks - correct back toward the stock's historical fair value.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0129 | |||
| Market Risk Adjusted Performance | 0.0137 | |||
| Mean Deviation | 0.7134 | |||
| Semi Deviation | 0.9619 | |||
| Downside Deviation | 0.9857 | |||
| Coefficient Of Variation | 6809.33 | |||
| Standard Deviation | 0.9107 | |||
| Variance | 0.8294 | |||
| Information Ratio | 0.0486 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.0037 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | -1.47 | |||
| Potential Upside | 1.36 | |||
| Downside Variance | 0.9715 | |||
| Semi Variance | 0.9253 | |||
| Expected Short fall | -0.69 | |||
| Skewness | -0.24 | |||
| Kurtosis | 0.037 |
First Trust Indxx Backtested Returns
First Trust currently shows a very low volatility profile across the evaluation window. It maintains a Sharpe Ratio of 0.0355, illustrating dispersion-adjusted performance. We identified thirty technical indicators influencing the company's volatility profile. Please assess metrics such as Downside Deviation of 0.9857, mean deviation of 0.7134, and Coefficient Of Variation of 6809.33 to validate implied volatility levels. The etf shows a Beta (market volatility) of 0.91, which alludes to possible diversification benefits within a given portfolio. Returns on First Trust closely shadow the overall market, offering near-index exposure without significant amplification or dampening.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Comparing First Trust's price behavior from 17th of December 2025 to 31st of January 2026 with the period from 31st of January 2026 to 17th of March 2026 produces almost perfect reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of First Trust Indxx may be projected. The coefficient of -0.78 links around 78.0% of First Trust's present price action to its own historical movements. Given that First Trust Indxx has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
This technical analysis view for First Trust focuses on price, volume, and trend behavior. The model references moving averages, relative strength, and price correlation signals.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust Indxx volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of First Trust evaluates traded price structure, volume, and spread stability relative to NAV behavior. Support and resistance levels frame risk boundaries for observed price regimes.
This section for First Trust Indxx is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardFirst Trust Technical Indicators
Investors following First Trust Indxx often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0129 | |||
| Market Risk Adjusted Performance | 0.0137 | |||
| Mean Deviation | 0.7134 | |||
| Semi Deviation | 0.9619 | |||
| Downside Deviation | 0.9857 | |||
| Coefficient Of Variation | 6809.33 | |||
| Standard Deviation | 0.9107 | |||
| Variance | 0.8294 | |||
| Information Ratio | 0.0486 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.0037 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | -1.47 | |||
| Potential Upside | 1.36 | |||
| Downside Variance | 0.9715 | |||
| Semi Variance | 0.9253 | |||
| Expected Short fall | -0.69 | |||
| Skewness | -0.24 | |||
| Kurtosis | 0.037 |
First Trust Indxx One Year Return
First Trust reports One Year Return of 20.8%, placing it 128.07% above the First Trust family average and notably above the Large Value category average. The one year return for all United States etfs sits notably below First Trust's figure.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.March 17, 2026 Daily Trend Indicators
Investors following First Trust Indxx often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Accumulation Distribution | 13.82 | ||
| Daily Balance Of Power | 1.33 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 58.95 | ||
| Day Typical Price | 58.94 | ||
| Price Action Indicator | 0.16 |
More Resources for First Etf Analysis
A structured review of First Trust Indxx often starts with core financial statements and trend context. Key ratios help frame profitability, efficiency, and growth context for First Trust Indxx Etf. Outlined below are key reports that provide context for First Trust Indxx Etf:Use Correlation Analysis to better understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. The allocation includes a position in First Trust Indxx in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. First Trust information on this page supports broader research rather than acting as a stand-alone signal. For First Trust, the analytical tools below add portfolio-level context that single-security review alone cannot provide. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Market capitalization and book value offer complementary views of First Trust Indxx - the first driven by investor sentiment, the second by accounting standards. Intrinsic value reflects what First Trust's fundamentals imply about worth, which may differ from both the trading price and the book figure. Analytical frameworks help reconcile those views.
The concept of value for First Trust differs from its quoted price, since each reflects a different lens. A full view may include fundamental ratios, momentum patterns, industry dynamics, and analyst estimates. By contrast, First Trust market price reflects the level where buyers and sellers transact.