Technical Analysis for CNEQ - Alger Concentrated Equity ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | N/A | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Narrow Range Bar | Range Contraction | 0.00% | |
Down 3 Days in a Row | Weakness | 0.00% | |
Gapped Down | Weakness | 0.00% | |
Three Weeks Tight | Range Contraction | -0.01% | |
Outside Day | Range Expansion | -0.01% | |
Gapped Up | Strength | -0.01% | |
Narrow Range Bar | Range Contraction | -0.23% | |
Narrow Range Bar | Range Contraction | -0.35% | |
Gapped Up | Strength | -0.01% | |
MACD Bearish Signal Line Cross | Bearish | 1.80% |
Alert | Time |
---|---|
Rose Above Previous Day's High | 3 days ago |
Rose Above Previous Day's High | 17 days ago |
New 52 Week High | 17 days ago |
Outside Day | 17 days ago |
Fell Below Previous Day's Low | 17 days ago |
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Alger Concentrated Equity ETF Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.
Classification
Keywords: Private Equity Semiconductor Sovereign Wealth Funds Venture Capital Electronic Devices Technology Hardware
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 22.5286 |
52 Week Low | 18.7 |
Average Volume | 2,382 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 20.75 |
20-Day Moving Average | 21.94 |
10-Day Moving Average | 22.23 |
Average True Range | 0.18 |
RSI (14) | 62.96 |
ADX | 32.83 |
+DI | 51.70 |
-DI | 31.22 |
Chandelier Exit (Long, 3 ATRs) | 21.99 |
Chandelier Exit (Short, 3 ATRs) | 21.29 |
Upper Bollinger Bands | 22.79 |
Lower Bollinger Band | 21.10 |
Percent B (%b) | 0.66 |
BandWidth | 7.66 |
MACD Line | 0.42 |
MACD Signal Line | 0.47 |
MACD Histogram | -0.0561 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 22.31 | ||||
Resistance 3 (R3) | 22.30 | 22.26 | 22.30 | ||
Resistance 2 (R2) | 22.26 | 22.23 | 22.26 | 22.29 | |
Resistance 1 (R1) | 22.24 | 22.22 | 22.25 | 22.25 | 22.29 |
Pivot Point | 22.19 | 22.19 | 22.20 | 22.20 | 22.19 |
Support 1 (S1) | 22.17 | 22.17 | 22.18 | 22.18 | 22.14 |
Support 2 (S2) | 22.13 | 22.15 | 22.13 | 22.14 | |
Support 3 (S3) | 22.11 | 22.13 | 22.13 | ||
Support 4 (S4) | 22.12 |