Mutual Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Alger Portfolios - Alger Capital Appreciation Portfolio Class I-2 (NASDAQ:ALVOX)
Countertrend Up (+85) - ALVOX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ALVOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALVOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALVOX
The long-term trend has been UP since Apr 13th, 2023 at 62.19
The intermediate-term trend has been UP since Apr 28th, 2023 at 62.77
The short-term trend has been DOWN since May 23rd, 2023 at 65.38
Smart Scan Analysis for ALVOX
Based on our trend formula, ALVOX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||73.57||52wk High Date||2022-08-15|
|52wk Low||53.57||52wk Low Date||2022-12-28|
|Year End Close||54.65||Payment Date||2019-12-18|