Mutual Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
ALGER MID CAP GROWTH INSTITUTIONAL FUND CLASS Z-2 (NASDAQ:ALMZX)
Bull Market Weakness (+75) - ALMZX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALMZX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ALMZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALMZX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALMZX
The long-term trend has been UP since Jun 1st, 2020 at 33.10
The intermediate-term trend has been UP since Sep 28th, 2020 at 41.01
The short-term trend has been DOWN since Oct 15th, 2020 at 44.16
Smart Scan Analysis for ALMZX
Based on our trend formula, ALMZX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||44.64||52wk High Date||2020-10-13|
|52wk Low||22.22||52wk Low Date||2020-03-18|
|Year End Close||30.28||Payment Date||2019-12-18|