ASXETF · Weekly research terminal

ALFA

VanEck Australian Long Short Complex ETF

AU

Latest week
7 Aug 2026
Weekly close
23.17 AUD
Fair value
21.89 AUD
Next-week expectancy
Undecided 48.86%
SM Sharemaestro
Institutional Weekly Chart Pack Completed-week market evidence · Maximum 156 weeks

ASX · ETF · Australia

ALFA

VanEck Australian Long Short Complex ETF

Last updated
7 Aug 2026
Exchange
ASX · ASX
Sector
Not classified
Industry
Not classified
Currency
AUD
Market capitalisation
Not available
Fair value reference
21.89
Next-week expectancy
Undecided · 48.86%

Over the latest 12 completed weeks ending 2026-08-07, ALFA fell 2.17%, moving from 23.68 to 23.17. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 7 of the last 12 weeks. Relative Strength is -3.03 and has softened across the 12-week window. Market Dynamics is -0.93 on the latest week. Next-week expectancy is undecided at 48.86% based on similar historical setup states.

Week Ending
7 Aug 2026
Latest Close
23.17
12-Week Change
-2.17%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.86%
Signal Weeks
7 of 12

Weekly Price

Weekly Close Trend Line Fair Value Activity Lines

Chart Panels

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Chart Summary

Key Points

Week Ending
7 Aug 2026
Latest Close
23.17
12-Week Change
-2.17%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.86%
Signal Weeks
7 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-3.03
Market Dynamics
-0.93

Over the latest 12 completed weeks ending 2026-08-07, ALFA fell 2.17%, moving from 23.68 to 23.17. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 7 of the last 12 weeks. Relative Strength is -3.03 and has softened across the 12-week window. Market Dynamics is -0.93 on the latest week. Next-week expectancy is undecided at 48.86% based on similar historical setup states.

Next-week expectancy

Next-week expectancy is a short-term historical read. It compares the latest completed-week setup with broadly similar past setups and asks whether the following week tended to close higher or lower.

It is not a trend call, a price target, or a guarantee. A positive read can appear while price is below trend or activity pressure is weak, because it is measuring short-term follow-through odds for the current setup state.

Use it as one context layer beside Trend Line, Relative Strength, Market Dynamics, Fair Value, and the visible price structure.