Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
ALGER CAPITAL APPRECIATION INSTITUTIONAL FUND CLASS I (NASDAQ:ALARX)
Crossroads (+60) - ALARX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ALARX
The long-term trend has been DOWN since Feb 27th, 2020 at 34.05
The intermediate-term trend has been UP since Apr 6th, 2020 at 30.96
The short-term trend has been UP since May 15th, 2020 at 35.54
Smart Scan Analysis for ALARX
Based on our trend formula, ALARX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||38.29||52wk High Date||2020-02-19|
|52wk Low||26.96||52wk Low Date||2020-03-23|
|Year End Close||34.51||Payment Date||2019-12-18|