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Mutual Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
ALGER CAPITAL APPRECIATION FUND CLASS A (NASDAQ:ACAAX)
Bull Market Weakness (+75) - ACAAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ACAAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ACAAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACAAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ACAAX
The long-term trend has been UP since Nov 10th, 2023 at 25.21
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 29.12
The short-term trend has been UP since Apr 23rd, 2024 at 28.38
Smart Scan Analysis for ACAAX
Based on our trend formula, ACAAX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.62 | 28.62 | 28.62 | 29.21 | +0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.62 | 0 | 29.21 | 30.83 | 2024-05-03 20:00:00 |
| 52wk High | 29.94 | 52wk High Date | 2024-04-11 |
| 52wk Low | 21.86 | 52wk Low Date | 2023-05-05 |
| Year End Close | 25.27 | Payment Date | 2019-12-18 |