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RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALFA.L
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Green day on Tuesday for ALPHACLONE ALTERNATIVE ALPHA ETF
(Updated on Apr 23, 2024)

Sell candidate since Apr 17, 2024 Loss -1.77% PDF

The ALPHACLONE ALTERNATIVE ALPHA ETF stock price gained 3.10% on the last trading day (Tuesday, 23rd Apr 2024), rising from £161.20 to £166.20. During the last trading day the stock fluctuated 3.35% from a day low at £161.00 to a day high of £166.40. The price has been going up and down for this period, and there has been a -2.92% loss for the last 2 weeks. Volume fell on the last day by -199 thousand shares and in total, 59 thousand shares were bought and sold for approximately £9.82 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.08% during the next 3 months and, with a 90% probability hold a price between £151.97 and £167.85 at the end of this 3-month period.

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ALFA.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 3.10%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ALPHACLONE ALTERNATIVE ALPHA ETF stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £167.57 and £168.68. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ALPHACLONE ALTERNATIVE ALPHA ETF stock

ALPHACLONE ALTERNATIVE ALPHA ETF finds support from accumulated volume at £166.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £5.40 between high and low, or 3.35%. For the last week, the stock has had daily average volatility of 4.84%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ALFA.L) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect ALPHACLONE ALTERNATIVE ALPHA ETF to open at £164.53, and during the day (based on 14 day Average True Range), to move between £160.66 and £171.74, which gives a possible trading interval of +/-£5.54 (+/-3.33%) up or down from last closing price. If ALPHACLONE ALTERNATIVE ALPHA ETF takes out the full calculated possible swing range there will be an estimated 6.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £166.00 (0.12%) than the resistance at £171.00 (2.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ALPHACLONE ALTERNATIVE ALPHA ETF stock A Buy?

ALPHACLONE ALTERNATIVE ALPHA ETF holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.131 Sell Candidate Unchanged

Predicted Opening Price for ALPHACLONE ALTERNATIVE ALPHA ETF of Wednesday, April 24, 2024

Fair opening price April 24, 2024 Current price
£164.53 ( 1.00%) £166.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ALFA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 169.93 2.25 %
R2 167.87 1.01 %
R1 166.60 0.238 %
Current price: 166.20
Support S1 162.47 -2.24 %
S2 161.20 -3.01 %
S3 159.13 -4.25 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 175.00 5.29 %
R2 173.50 4.39 %
R1 171.00 2.89 %
Current price 166.20
Support S1 166.00 -0.120%
S2 165.50 -0.421%
S3 161.20 -3.01%

ALFA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2024 May 30, 2024 Jun 27, 2024 £1.30 0.782%
2 May 02, 2024 May 02, 2024 May 30, 2024 £2.00 1.20%
3 Mar 02, 2023 May 25, 2023 Jun 26, 2023 £1.20 0.615%
4 Apr 13, 2023 Apr 13, 2023 Apr 13, 2023 £1.50 1.09%
5 Sep 01, 2022 Sep 08, 2022 Oct 07, 2022 £3.50 2.23%

FAQ

What is the symbol for ALPHACLONE ALTERNATIVE ALPHA ETF Stock and on which exchange is it traded?
The symbol for ALPHACLONE ALTERNATIVE ALPHA ETF is ALFA.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell ALPHACLONE ALTERNATIVE ALPHA ETF Stock?
ALPHACLONE ALTERNATIVE ALPHA ETF holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy ALPHACLONE ALTERNATIVE ALPHA ETF Stock?
ALPHACLONE ALTERNATIVE ALPHA ETF Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ALPHACLONE ALTERNATIVE ALPHA ETF Stock.

What's the current price of ALPHACLONE ALTERNATIVE ALPHA ETF Stock?
As of the end of day on the Apr 23, 2024, the price of an ALPHACLONE ALTERNATIVE ALPHA ETF (ALFA.L) share was £166.20.

What is the 52-week high and low for ALPHACLONE ALTERNATIVE ALPHA ETF Stock?
The 52-week high for ALPHACLONE ALTERNATIVE ALPHA ETF Stock is £203.00 and the 52-week low is £128.50.

What is the market capitalization of ALPHACLONE ALTERNATIVE ALPHA ETF Stock?
As of the Apr 23, 2024, the market capitalization of ALPHACLONE ALTERNATIVE ALPHA ETF is 494.546M.

When is the next earnings date for ALPHACLONE ALTERNATIVE ALPHA ETF?
The upcoming earnings date for ALPHACLONE ALTERNATIVE ALPHA ETF is Aug 29, 2024.
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About ALPHACLONE ALTERNATIVE ALPHA ETF

ALPHACLONE ALTERNATIVE ALPHA ETF Alfa Financial Software Holdings PLC, through its subsidiaries, provides software solutions and consultancy services to the asset finance industry in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through Services, Software, and Subscription segments. It provides Alfa Systems, a software platform to administer retail and corporate businesses from point of sale through originations to contract mana... ALFA.L Profile

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