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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Alger Mid Cap Growth Institutional Fund Class I (NASDAQ:ALMRX)
Sidelines Mode (+55) - ALMRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALMRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALMRX.
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 ALMRX
The long-term trend has been UP since Dec 13th, 2023 at 19.51
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 22.09
The short-term trend has been UP since Apr 23rd, 2024 at 21.23
Smart Scan Analysis for ALMRX
Based on our trend formula, ALMRX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.56 | 21.56 | 21.56 | 21.62 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.57 | 0 | 21.57 | 21.57 | 2024-04-24 18:25:00 |
| 52wk High | 22.66 | 52wk High Date | 2024-03-21 |
| 52wk Low | 16.88 | 52wk Low Date | 2023-10-27 |
| Year End Close | 20.23 | Payment Date | 2019-12-18 |