Technical Analysis for LALT - First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

Grade Last Price % Change Price Change
D 20.34 -0.09% -0.02
LALT closed down 0.09 percent on Friday, May 3, 2024, on 4 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Down Down

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the Benchmark) through a quantitative process that seeks to exceed the Benchmark's performance.
Classification

Keywords: Exchange Traded Funds Index Fund Betashares

Top 10 Components

Symbol Grade Price % Change Allocation
FAAR C 0.13 21.43
FMF D -0.06 21.29
FTLS C 0.57 17.44
UCON A 0.06 12.42
MARB F -0.01 11.92
IAU B 1.06 5.00
FTGC C 0.88 4.99
IEF C 0.14 4.97

Is LALT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.98
52 Week Low 19.2366
Average Volume 5,905
200-Day Moving Average 19.92
50-Day Moving Average 20.59
20-Day Moving Average 20.62
10-Day Moving Average 20.53
Average True Range 0.17
RSI (14) 29.58
ADX 64.0
+DI 55.82
-DI 21.77
Chandelier Exit (Long, 3 ATRs) 21.09
Chandelier Exit (Short, 3 ATRs) 20.81
Upper Bollinger Bands 20.89
Lower Bollinger Band 20.36
Percent B (%b) -0.04
BandWidth 2.57
MACD Line -0.05
MACD Signal Line -0.01
MACD Histogram -0.0432
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.34
Resistance 3 (R3) 20.34 20.34 20.34
Resistance 2 (R2) 20.34 20.34 20.34 20.34
Resistance 1 (R1) 20.34 20.34 20.34 20.34 20.34
Pivot Point 20.34 20.34 20.34 20.34 20.34
Support 1 (S1) 20.34 20.34 20.34 20.34 20.34
Support 2 (S2) 20.34 20.34 20.34 20.34
Support 3 (S3) 20.34 20.34 20.34
Support 4 (S4) 20.34