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FRTY
ETF ticker: NYSE ARCA
AS OF
May 2 closing price
Price
$16.62
Change
+$0.33 (+2.03%)
Net Assets
81.73M

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
May 02, 2025

Momentum Indicator for FRTY turns positive, indicating new upward trend

FRTY saw its Momentum Indicator move above the 0 level on April 21, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .

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 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FRTY just turned positive on April 14, 2025. Looking at past instances where FRTY's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .

FRTY moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FRTY advanced for three days, in of 292 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for FRTY moved below the 200-day moving average on April 09, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

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 April 09, 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 Spotify Technology SA (NYSE:SPOT), Atlassian Corp (NASDAQ:TEAM), Trade Desk (The) (NASDAQ:TTD), Pinterest (NYSE:PINS), Illumina (NASDAQ:ILMN), Nebius Group N.V. (NASDAQ:NBIS), Shake Shack (NYSE:SHAK), Guardant Health (NASDAQ:GH).

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 within a single sector. The fund is non-diversified.

Market Cap

The average market capitalization across the Alger Mid Cap 40 ETF ETF is 25.12B. The market cap for tickers in the group ranges from 1.8B to 81.34B. TDG holds the highest valuation in this group at 81.34B. The lowest valued company is TLN at 1.8B.

High and low price notable news

The average weekly price growth across all stocks in the Alger Mid Cap 40 ETF ETF was 3%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was -4%. DXCM experienced the highest price growth at 14%, while TEAM experienced the biggest fall at -9%.

Volume

The average weekly volume growth across all stocks in the Alger Mid Cap 40 ETF ETF was 9%. For the same stocks of the ETF, the average monthly volume growth was 7% and the average quarterly volume growth was 14%

Fundamental Analysis Ratings

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

Valuation Rating: 73
P/E Growth Rating: 69
Price Growth Rating: 54
SMR Rating: 58
Profit Risk Rating: 63
Seasonality Score: 19 (-100 ... +100)
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FRTY
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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