Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.
Toronto Stock Exchange / Materials / Metals & Mining
Taking everything into account, AGI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AGI has proven to be a steady performer, scoring decent points in every aspect analyzed.
AGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AGI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.25
We found 5 important support areas.
- A support zone ranging from 20.23 to 21.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.85 from a trend line in the weekly time frame.
- Support @16.24 from a trend line in the weekly time frame.
- Support @15.77 from a trend line in the daily time frame.
- Support @15.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.43 to 21.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 21.46 | 20.22 | 1.24 (5.78%) | 17.31% |
| An entry @21.46. This is a Buy Stop order right above the resistance zone. | An exit @20.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.24 points, which is 5.78%. | When investing 17.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.