First Trust Industrials/Producer Durables AlphaDEX Fund Price & Performance (FXR)

The First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) is facing resistance at $74.17, signaling potential trade opportunities. Analysts suggest shorting near this level with a target of $71.81 or buying above it for a $78.44 upside. Stop-loss levels are critical, indicating the ETF's volatile trading dynamics.1

Recent data shows the U.S. labor market added fewer jobs in February, while manufacturing and service sectors expanded cautiously. Tariff concerns and inflationary pressures were cited as major challenges. The ISM Manufacturing PMI dipped to 50.3, reflecting marginal growth. Market volatility has erased gains since late 2024.23

U.S. manufacturing faces rising costs as tariffs increase prices by 20%. The ISM Manufacturing PMI at 50.3 signals mild expansion. Key industries showed growth, but new orders contracted. Analysts warn of operational challenges, emphasizing cautious optimism amid economic uncertainty.34