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ALGER 35 ETF (ATFV) Stock Technical Analysis

NYSEARCA:ATFV - NYSE Arca - US0155642061 - ETF - Currency: USD

29.2664  +0.36 (+1.25%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ATFV. Both in the recent history as in the last year, ATFV has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ATFV has an average volume of 6698 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ATFV did better than 89% of all other stocks.
ATFV 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 ATFV has a been trading in the 27.50 - 29.57 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
ALGER 35 ETF / ATFV Weekly stock chart
ALGER 35 ETF / ATFV Daily stock chart
Setup Rating and Analysis

8

ATFV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.35. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.14

29.83

4 important support areas can be observed.

  • A support zone ranging from 28.65 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.20 to 27.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.12 from a trend line in the weekly time frame.
  • Support @20.34 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 29.35 to 29.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ATFV is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ATFV is up.
ChartMill Relative Strength89.28POSITIVEATFV has a high relative strength, it outperformed 89.28% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ATFV is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ATFV is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ATFV is above the rising SMA(200).
Relative Strength Index/RSI (14)65.16NEUTRALThe RSI value for ATFV is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.09NEGATIVEThe MACD value suggests ATFV has a negative trend, although the MACD value is rising.
Stochastics (14,3)69.83NEUTRALThe Stochastics value for ATFV is a neutral value.
Average True Range in percent/ATR (20)1.55LOW VOLATILITYThe low ATR as a percentage value for ATFV suggests low volalility.
Average Directional Index/ADX (14)21NEUTRALThe ADX value for ATFV suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
29.5428.640.90 (3.05%)25.00%
An entry @29.54. This is a Buy Stop order right above the resistance zone.An exit @28.64. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.90 points, which is 3.05%.For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
ALGER 35 ETF / ATFV Daily stock chart

ALGER 35 ETF

NYSEARCA:ATFV (7/14/2025, 8:23:55 PM)

29.2664

+0.36 (+1.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.25%
1 Week0.91%
2 Weeks-0.25%
1 Month4.96%
3 Month37.76%
6 Month9.65%
12 Month41.3%
2 Year80.88%
3 Year87.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%1.55%
ATR Inc-41.08%
Range Today0.29
ADR(20)0.37
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield1.14
10 Day High29.57
10 Day Low28.35
20 Day High29.57
20 Day Low27.5
52 Week High29.57
52 Week Low18.04
CS1 End28.98
CR1 Start29.35
Volume & EV
DER(3)-1.72%
DER(5)-3.01%
Volume3.10K
Volume Incr3.05%
Vol(5)5.40K
Vol(50)6.70K