We assign a technical rating of 6 out of 10 to ALAI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ALAI has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.95 to 36.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.51 to 34.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.14 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 36.44 to 37.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.19 to 38.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.22 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ALAI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALAI is down. |
| ChartMill Relative Strength | 81.92 | POSITIVE | ALAI has a high relative strength, it outperformed 81.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.69 | NEUTRAL | The RSI value for ALAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALAI has a negative trend. |
| Stochastics (14,3) | 39.68 | NEUTRAL | The Stochastics value for ALAI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ALAI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for ALAI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.03 | 35.94 | 1.09 (2.94%) | 25.00% |
| An entry @37.03. This is a Buy Stop order right above the resistance zone. | An exit @35.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 2.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ALAI (12/16/2025, 8:04:00 PM)
36.34
+0.25 (+0.68%)
ALGER AI ENABLE & ADOPT ETF / ALAI FAQ
What is the ChartMill technical rating of ALGER AI ENABLE & ADOPT ETF (ALAI) stock?
ChartMill assigns a technical rating of 6 / 10 to ALAI.
What is the trend direction for ALAI stock?
The current trend direction for ALGER AI ENABLE & ADOPT ETF (ALAI) is Bullish.
What is the RSI signal for ALAI stock?
ALGER AI ENABLE & ADOPT ETF (ALAI) has an RSI value of 45.6879. This indicates that the stock is currently neutral.
What is the short term momentum for ALAI stock?
The short term momentum for ALGER AI ENABLE & ADOPT ETF (ALAI) is negative.
What are the support and resistance levels for ALGER AI ENABLE & ADOPT ETF (ALAI) stock?
ALGER AI ENABLE & ADOPT ETF (ALAI) has a support level at 36.22 and a resistance level at 36.44. Check the full technical report for our detailed analysis of ALAI support and resistance levels.