ALGER MID CAP 40 ETF (FRTY) Stock Technical Analysis
USA - NYSEARCA:FRTY - US0155641071 - ETF
22.3672 USD
+0.27 (+1.23%)
Taking everything into account, FRTY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FRTY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: FRTY has an average volume of 20973 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!
When comparing the yearly performance of all stocks, we notice that FRTY is one of the better performing stocks in the market, outperforming 82% of all stocks.
A new 52 week high is currently being made by FRTY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month FRTY has a been trading in the 19.69 - 22.46 range, which is quite wide. It is currently trading near the high of this range.
Although FRTY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.29
22.59
We found 4 important support areas.
- A support zone ranging from 20.88 to 20.91. 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 19.63 to 20.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.17 from a trend line in the weekly time frame.
- Support @14.43 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 FRTY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRTY is up. |
| ChartMill Relative Strength | 82.46 | POSITIVE | FRTY has a high relative strength, it outperformed 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.93 | OVERBOUGHT | The high RSI value suggests FRTY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FRTY has a positive trend. |
| Stochastics (14,3) | 94.48 | OVERBOUGHT | The high Stochastics value suggests FRTY may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for FRTY suggests low volalility. |
| Average Directional Index/ADX (14) | 23.82 | NEUTRAL | The ADX value for FRTY suggests a possible start of a new 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:FRTY (9/19/2025, 8:10:48 PM)
22.3672
+0.27 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.23%
1 Week4.98%
2 Weeks9.65%
1 Month13.57%
3 Month21.69%
6 Month35.52%
12 Month31.26%
2 Year84.54%
3 Year90.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.71%
ATR Inc22.95%
Range Today0.33
ADR(20)0.32
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.46
Mansfield0.84
10 Day High22.46
10 Day Low20.62
20 Day High22.46
20 Day Low19.69
52 Week High22.46
52 Week Low13.56
CS1 End20.91
CR1 StartN/A
Volume & EV
DER(3)-21.89%
DER(5)-10.89%
Volume14.80K
Volume Incr53.91%
Vol(5)25.06K
Vol(50)20.97K