


Technical Sentiment Analysis for Alger Mid Cap 40 ETF (FRTY). As of 2026-05-22, Alger Mid Cap 40 ETF (FRTY) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FRTY stands at 59.09, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.29, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.15 and the Commodity Channel Index (CCI) at 79.52 further confirm a 0.34 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FRTY is trading below its 60-day moving average of $20.61 and below its 200-day long-term moving average of $21.13. Key price levels to watch include the immediate resistance at $22.75 and strong support at $20.71. A break above $22.75 could signal a bull continuation, while falling below $20.71 may test the next Fibonacci floor at $19.58.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.67 | 19.58 | 20.71 | 21.62 | 22.75 | 23.66 | 24.79 |
| Fibonacci | 19.58 | 20.36 | 20.84 | 21.62 | 22.4 | 22.88 | 23.66 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.09 |
| Stochastic Oscillator | 69.15 |
| Stochastic RSI | 51.3 |
| Commodity Channel Index (CCI) | 79.52 |
| Awesome Oscillator | 0.31 |
| Momentum | 0.34 |
| MACD | 0.29 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 21.53 | Buy |
| 10-Day | 21.84 | Buy |
| 20-Day | 21.59 | Buy |
| 60-Day | 20.61 | Buy |
| 200-Day | 21.13 | Buy |
| 250-Day | 20.68 | Buy |