Technical Analysis for LALT - First Trust Multi-Strategy Alternative ETF

Grade Last Price % Change Price Change
C 20.92 -0.18% -0.04
LALT closed down 0.18 percent on Friday, November 1, 2024, on 54 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -0.18%
NR7 Range Contraction -0.18%
Narrow Range Bar Range Contraction -0.18%
Gapped Down Weakness -0.18%

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Profile

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.
Classification

Keywords: Exchange Traded Funds Index Fund Betashares

Top 10 Components

Symbol Grade Price % Change Allocation
FTLS A -0.33 21.86
FAAR F -0.93 21.53
FMF D 0.27 21.07
UCON C -0.24 12.28
IAU A -0.42 8.28
FTHI A 0.26 5.02
MARB F 0.30 5.00
IEF D -0.59 4.83

Is LALT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.98
52 Week Low 19.3388
Average Volume 1,858
200-Day Moving Average 20.61
50-Day Moving Average 20.93
20-Day Moving Average 21.01
10-Day Moving Average 21.03
Average True Range 0.07
RSI (14) 45.05
ADX 18.15
+DI 31.16
-DI 37.76
Chandelier Exit (Long, 3 ATRs) 20.98
Chandelier Exit (Short, 3 ATRs) 21.03
Upper Bollinger Bands 21.18
Lower Bollinger Band 20.83
Percent B (%b) 0.26
BandWidth 1.65
MACD Line 0.02
MACD Signal Line 0.04
MACD Histogram -0.0164
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.02
Resistance 3 (R3) 21.04 21.01 21.01
Resistance 2 (R2) 21.01 20.99 21.01 21.00
Resistance 1 (R1) 20.97 20.97 20.96 20.96 21.00
Pivot Point 20.94 20.94 20.94 20.94 20.94
Support 1 (S1) 20.90 20.92 20.89 20.89 20.85
Support 2 (S2) 20.88 20.90 20.87 20.84
Support 3 (S3) 20.83 20.88 20.84
Support 4 (S4) 20.82