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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ALGER CAPITAL APPRECIATION INSTITUTIONAL FUND CLASS I (NASDAQ:ALARX)

Bull Market Weakness (+75) - ALARX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALARX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ALARX?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALARX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ALARX
Open High Low ALARX Price Change
37.70 37.70 37.70 38.67 +0.31
Entry Signal

MarketClub’s Trade Triangles for ALARX

long term up The long-term trend has been UP since Nov 10th, 2023 at 33.34

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2024 at 33.25

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 37.98

Smart Scan Analysis for ALARX

Based on our trend formula, ALARX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ALARX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.70 37.70 37.70 38.67 +0.31
Prev. Close Volume Bid Ask Time
38.75 0 38.01 38.01 2024-03-18 20:00:00
52wk High39.0452wk High Date2024-03-22
52wk Low27.8652wk Low Date2023-04-25
Year End Close33.12Payment Date2019-12-18
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