First Trust Feature | Nasdaq Dorsey Wright

First Trust Feature

Published: December 3, 2025

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Among the First Trust funds to return to a buy signal during last week’s holiday shortened week was the First Trust Mid Cap Growth AlphaDEX Fund (FNY).

There were no changes to any of the First Trust Models covered within the report this week.

Among the First Trust funds to return to a buy signal during last week’s holiday shortened week was the First Trust Mid Cap Growth AlphaDEX Fund (FNY), which is a current holding within the First Trust Size and Style Model (FTSIZESTYLE). On the point and figure trend chart, FNY held support at $86 before reversing back to Xs during trading on 11/24 and returning to a buy signal by breaking a double top at $90 on 11/25. Action since has brought the chart to $92 and back to the middle of the 10-week trading band. The ETF’s fund score is a strong 4.11, which is sustained by the long-term positive trend on the default point and figure trend chart and near-term relative strength against the market as defined by the S&P 500 Equal Weight Index (SPXEWI). FNY also maintains a superior fund score relative to the Mid Cap (3.58) and All US (3.90) groups on the Asset Class Group Scores page. The fund is okay to consider here on the breakout. Note the fund’s all-time chart high from October resides at $95. Initial support lies at $86, while the bullish support line sits at $79.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.