ALEX

ALEX is effectively pinned in a 'Merger Arbitrage' setup following the December 2025 agreement to be taken private by Blackstone and MW Group at $21.20/share. The 'Quiet Storm' signal (3% annualized volatility) and flat price action at $20.75 reflect the stock's tether to the deal price, offering a ~2.2% spread as it awaits closing. The 'Alpha Male' relative strength is not a breakout attempt but a display of uncorrelation; as the broader Tech sector liquidates (MSFT -10%), institutions are parking capital in this secured deal structure as a 'Flight to Safety' vehicle.