Technical Analysis for CNEQ - Alger Concentrated Equity ETF
Grade | Last Price | % Change | Price Change |
---|---|---|---|
B | 19.73 | 1.97% | 0.38 |
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Shooting Star Candlestick | Bearish | 0.00% | |
Lizard Bearish | Bearish Day Trade Setup | 0.00% | |
Crossed Above 20 DMA | Bullish | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Doji - Bearish? | Reversal | 0.00% | |
Gapped Up | Strength | 0.00% | |
Up 3 Days in a Row | Strength | 0.00% | |
NR7 | Range Contraction | 1.97% | |
Narrow Range Bar | Range Contraction | 1.97% | |
Gapped Up | Strength | 1.97% |
Alert | Time |
---|---|
Rose Above 20 DMA | 3 days ago |
Rose Above Previous Day's High | 3 days ago |
Fell Below Lower Bollinger Band | 3 days ago |
Up 2% | 3 days ago |
Up 1% | 3 days ago |
Free Daily (Stock) Chart Reading
Alger Concentrated Equity ETF Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.
Classification
Keywords: Private Equity Semiconductor Sovereign Wealth Funds Venture Capital Electronic Devices Technology Hardware
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 20.305 |
52 Week Low | 18.7 |
Average Volume | 8,770 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 19.49 |
10-Day Moving Average | 19.26 |
Average True Range | 0.26 |
RSI (14) | 49.49 |
ADX | 0.0 |
+DI | 35.53 |
-DI | 37.28 |
Chandelier Exit (Long, 3 ATRs) | 19.53 |
Chandelier Exit (Short, 3 ATRs) | 19.47 |
Upper Bollinger Bands | 20.33 |
Lower Bollinger Band | 18.66 |
Percent B (%b) | 0.64 |
BandWidth | 8.53 |
MACD Line | -0.12 |
MACD Signal Line | -0.13 |
MACD Histogram | 0.0022 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 19.78 | ||||
Resistance 3 (R3) | 19.78 | 19.77 | 19.77 | ||
Resistance 2 (R2) | 19.77 | 19.76 | 19.77 | 19.77 | |
Resistance 1 (R1) | 19.75 | 19.75 | 19.76 | 19.75 | 19.76 |
Pivot Point | 19.74 | 19.74 | 19.75 | 19.74 | 19.74 |
Support 1 (S1) | 19.72 | 19.73 | 19.73 | 19.72 | 19.70 |
Support 2 (S2) | 19.71 | 19.72 | 19.71 | 19.70 | |
Support 3 (S3) | 19.69 | 19.71 | 19.69 | ||
Support 4 (S4) | 19.69 |