Technical Analysis for ALAI - Alger AI Enablers & Adopters ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | N/A | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Inside Day | Range Contraction | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Gapped Down | Weakness | 0.00% | |
New 52 Week Closing High | Bullish | -0.03% | |
Stochastic Reached Overbought | Strength | -0.03% | |
Gapped Up | Strength | -0.03% | |
Overbought Stochastic | Strength | -0.03% | |
1,2,3 Pullback Bullish | Bullish Swing Setup | 2.29% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 2.29% | |
Inside Day | Range Contraction | 2.29% |
Alert | Time |
---|---|
Down 1% | about 21 hours ago |
Fell Below 10 DMA | about 21 hours ago |
Up 1% | 1 day ago |
Up 1 ATR | 1 day ago |
Non-ADX 1,2,3,4 Pullback Entry | 2 days ago |
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Alger AI Enablers & Adopters ETF Description
ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.
Classification
Keywords: Artificial Intelligence Cybernetics Computational Neuroscience Data Science
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 26.07 |
52 Week Low | 18.45 |
Average Volume | 10,138 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 23.97 |
20-Day Moving Average | 24.99 |
10-Day Moving Average | 25.76 |
Average True Range | 0.36 |
RSI (14) | 65.99 |
ADX | 33.68 |
+DI | 49.17 |
-DI | 23.51 |
Chandelier Exit (Long, 3 ATRs) | 24.99 |
Chandelier Exit (Short, 3 ATRs) | 24.69 |
Upper Bollinger Bands | 26.68 |
Lower Bollinger Band | 23.29 |
Percent B (%b) | 0.81 |
BandWidth | 13.57 |
MACD Line | 0.60 |
MACD Signal Line | 0.56 |
MACD Histogram | 0.0395 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 26.36 | ||||
Resistance 3 (R3) | 26.33 | 26.18 | 26.31 | ||
Resistance 2 (R2) | 26.18 | 26.09 | 26.20 | 26.29 | |
Resistance 1 (R1) | 26.11 | 26.04 | 26.14 | 26.14 | 26.27 |
Pivot Point | 25.96 | 25.96 | 25.98 | 25.98 | 25.96 |
Support 1 (S1) | 25.88 | 25.87 | 25.92 | 25.92 | 25.79 |
Support 2 (S2) | 25.74 | 25.82 | 25.75 | 25.77 | |
Support 3 (S3) | 25.66 | 25.74 | 25.75 | ||
Support 4 (S4) | 25.70 |