Alger Growth Income Fund Technical Analysis

ALBAX Fund  USD 79.23  0.13  0.16%   
As of the 27th of December, Alger Growth shows the risk adjusted performance of 0.0692, and Mean Deviation of 0.535. Alger Growth Income technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.

Alger Growth Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alger, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alger
  
Alger Growth's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Alger Growth technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Alger Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Alger Growth Income Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alger Growth Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alger Growth Income Trend Analysis

Use this graph to draw trend lines for Alger Growth Income. You can use it to identify possible trend reversals for Alger Growth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alger Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alger Growth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alger Growth Income applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Alger Growth Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 96.3, which is the sum of squared deviations for the predicted Alger Growth price change compared to its average price change.

About Alger Growth Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alger Growth Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alger Growth Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alger Growth Income price pattern first instead of the macroeconomic environment surrounding Alger Growth Income. By analyzing Alger Growth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alger Growth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alger Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alger Growth December 27, 2024 Technical Indicators

Most technical analysis of Alger help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alger from various momentum indicators to cycle indicators. When you analyze Alger charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Alger Growth December 27, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Alger stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in Alger Mutual Fund

Alger Growth financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Growth security.
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