We assign a technical rating of 6 out of 10 to ATFV. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ATFV has an average technical rating and it also does not offer a high quality setup 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
20.76
We found 2 important support areas.
- A support zone ranging from 32.94 to 33.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.97 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 34.28 to 35.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.46 to 36.72. 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 ATFV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATFV is neutral. |
| ChartMill Relative Strength | 79.13 | POSITIVE | ATFV has a high relative strength, it outperformed 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATFV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATFV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATFV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.85 | NEUTRAL | The RSI value for ATFV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ATFV has a negative trend. |
| Stochastics (14,3) | 52.31 | NEUTRAL | The Stochastics value for ATFV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ATFV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for ATFV suggests a weak or negative trend. |
34.21
-0.27 (-0.78%)
ALGER 35 ETF / ATFV FAQ
What is the technical rating for ATFV stock?
ChartMill assigns a technical rating of 6 / 10 to ATFV.
What is the current trend direction of ALGER 35 ETF (ATFV) stock?
The current trend direction for ALGER 35 ETF (ATFV) is Bullish.
What is the RSI signal for ATFV stock?
ALGER 35 ETF (ATFV) has an RSI value of 41.8463. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALGER 35 ETF?
The MACD indicator for ALGER 35 ETF (ATFV) has a value of -0.0266049, indicating a bearish trend.