ALGER AI ENABLE & ADOPT ETF (ALAI) Stock Technical Analysis
USA - NYSEARCA:ALAI - US0155645031 - ETF
36.25 USD
+0.22 (+0.61%)
Overall ALAI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ALAI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ALAI is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, ALAI also shows a nice and consistent pattern of rising prices.
ALAI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ALAI has a been trading in the 31.88 - 36.37 range, which is quite wide. It is currently trading near the high of this range.
Although ALAI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.94
36.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.14 to 34.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.00 to 33.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.76 from a horizontal line in the daily time frame.
- Support @20.14 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALAI is up. |
| ChartMill Relative Strength | 89.71 | POSITIVE | ALAI has a high relative strength, it outperformed 89.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.49 | OVERBOUGHT | The high RSI value suggests ALAI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ALAI has a positive trend. |
| Stochastics (14,3) | 94.22 | OVERBOUGHT | The high Stochastics value suggests ALAI may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for ALAI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.86 | POSITIVE | The high ADX value value for ALAI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:ALAI (9/12/2025, 8:04:03 PM)
36.25
+0.22 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.61%
1 Week5.59%
2 Weeks5.69%
1 Month7.34%
3 Month25.02%
6 Month51.12%
12 Month62.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.73%
ATR Inc-57.21%
Range Today0.24
ADR(20)0.53
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.71
Mansfield2.03
10 Day High36.37
10 Day Low32.82
20 Day High36.37
20 Day Low31.88
52 Week High36.37
52 Week Low20.03
CS1 End34.85
CR1 StartN/A
Volume & EV
DER(3)1.76%
DER(5)3.54%
Volume44.40K
Volume Incr-18.3%
Vol(5)87.60K
Vol(50)80.72K