SAVVYLONG 2X GOOGL ETF (ALPU.CA) Stock Technical Analysis
Canada - TSX:ALPU - CA54315B7557 - ETF
We assign a technical rating of 6 out of 10 to ALPU. ALPU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ALPU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.39, a Stop Loss order could be placed below this zone.
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39.99
When analyzing the support we notice one important area.
- A support zone ranging from 40.39 to 40.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.22 to 45.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ALPU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALPU.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALPU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALPU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALPU.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.69 | NEUTRAL | The RSI value for ALPU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.84 | NEGATIVE | The MACD value suggests ALPU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.38 | NEUTRAL | The Stochastics value for ALPU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ALPU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.56 | POSITIVE | The high ADX value value for ALPU.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.48 | 40.39 | 5.09 (11.19%) | 8.94% |
| An entry @45.48. This is a Buy Stop order right above the resistance zone. | An exit @40.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.09 points, which is 11.19%. | When investing 8.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ALPU (10/14/2025, 7:00:00 PM)
43.14
+2.74 (+6.78%)