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FRTY
ETF ticker: NYSE ARCA
AS OF
Feb 28 closing price
Price
$17.75
Change
+$0.25 (+1.43%)
Net Assets
85.99M

FRTY stock forecast, quote, news & analysis

The investment seeks long-term capital appreciation... Show more

Category: #Mid-Cap Growth
FRTY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for FRTY with price predictions
Feb 28, 2025

FRTY's Stochastic Oscillator stays in oversold zone for 5 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FRTY's RSI Oscillator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FRTY advanced for three days, in of 278 cases, the price rose further within the following month. The odds of a continued upward trend are .

FRTY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FRTY as a result. In of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FRTY turned negative on February 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 34 similar instances when the indicator turned negative. In of the 34 cases the stock turned lower in the days that followed. This puts the odds of success at .

FRTY moved below its 50-day moving average on February 20, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FRTY crossed bearishly below the 50-day moving average on February 25, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRTY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FRTY entered a downward trend on February 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Micron Technology (NASDAQ:MU), CrowdStrike Holdings (NASDAQ:CRWD), Spotify Technology SA (NYSE:SPOT), Datadog (NASDAQ:DDOG), Pinterest (NYSE:PINS), Okta (NASDAQ:OKTA), Pure Storage (NYSE:PSTG), Sarepta Therapeutics (NASDAQ:SRPT), Universal Display Corp (NASDAQ:OLED), SentinelOne (NYSE:S).

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.

Market Cap

The average market capitalization across the Alger Mid Cap 40 ETF ETF is 28.34B. The market cap for tickers in the group ranges from 88.22M to 107.57B. MELI holds the highest valuation in this group at 107.57B. The lowest valued company is CABA at 88.22M.

High and low price notable news

The average weekly price growth across all stocks in the Alger Mid Cap 40 ETF ETF was -5%. For the same ETF, the average monthly price growth was -9%, and the average quarterly price growth was 9%. TDG experienced the highest price growth at 6%, while SMCI experienced the biggest fall at -26%.

Volume

The average weekly volume growth across all stocks in the Alger Mid Cap 40 ETF ETF was -1%. For the same stocks of the ETF, the average monthly volume growth was 95% and the average quarterly volume growth was 46%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 72
Price Growth Rating: 58
SMR Rating: 58
Profit Risk Rating: 56
Seasonality Score: -22 (-100 ... +100)
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FRTY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published General Information

General Information

Category MidCapGrowth

Profile
Fundamentals
Details
Category
Mid-Cap Growth
Address
Alger ETF Trust360 PARK AVENUE SOUTH
Phone
212-806-8833
Web
N/A