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FRTY
ETF ticker: NYSE ARCA
AS OF
Mar 10, 04:58 PM (EDT)
Price
$15.57
Change
-$0.90 (-5.46%)
Net Assets
78.35M

FRTY Alger Mid Cap 40 ETF Forecast, Technical & Fundamental 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
a Summary for FRTY with price predictions
Mar 07, 2025

FRTY's Indicator enters downward trend

The Aroon Indicator for FRTY entered a downward trend on March 03, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. 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.dvisor looked at 144 similar instances where the Aroon Indicator formed such a pattern. In of the 144 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

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 .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 upward trend is expected.

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.

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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
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FRTY and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, FRTY has been loosely correlated with IWP. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if FRTY jumps, then IWP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FRTY
1D Price
Change %
FRTY100%
+0.37%
IWP - FRTY
38%
Loosely correlated
+0.95%
ARKK - FRTY
36%
Loosely correlated
+0.59%
VOT - FRTY
36%
Loosely correlated
+0.62%
MDYG - FRTY
36%
Loosely correlated
+0.47%
IJK - FRTY
34%
Loosely correlated
+0.36%
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