FT MLT-STRAT ALTERNATIVE ETF (LALT) Stock Technical Analysis
NYSEARCA:LALT - NYSE Arca - US33740F4900 - ETF - Currency: USD
Taking everything into account, LALT scores 3 out of 10 in our technical rating. LALT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: LALT has an average volume of 12098 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 neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, LALT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
LALT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LALT is lagging the market slightly.
In the last month LALT has a been trading in a tight range between 20.62 and 21.08.
Considerably lower volume is observed in the last couple of days.
LALT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
19.58
21.83
We found 1 important support area.
- A support zone ranging from 19.78 to 20.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.91 to 21.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.40 to 21.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.12
Mansfield-0.47
10 Day High21.08
10 Day Low20.77
20 Day High21.08
20 Day Low20.62
52 Week High21.61
52 Week Low19.96
Performance
1 Week0.05%
2 Weeks0.7%
1 Month1.14%
3 Month-2.66%
6 Month-0.74%
12 Month1.38%
2 Year5.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)52.61
LBB20.77
UBB20.95
20.895
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week0.05%
2 Weeks0.7%
1 Month1.14%
3 Month-2.66%
6 Month-0.74%
12 Month1.38%
2 Year5.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.66%
ATR Inc26.56%
Range Today0.24
ADR(20)0.12
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.12
Mansfield-0.47
10 Day High21.08
10 Day Low20.77
20 Day High21.08
20 Day Low20.62
52 Week High21.61
52 Week Low19.96
CS1 End20.88
CR1 Start20.91
Volume & EV
DER(3)-0.1%
DER(5)0.56%
Volume13.10K
Volume Incr-68.6%
Vol(5)4.78K
Vol(50)12.10K