AFRICAN AGRICULTURE HOLDINGS (AAGR) Technical Analysis
NASDAQ:AAGR • US00792J1007
Current stock price
AAGR Technical Rating and Analysis
Taking everything into account, AAGR scores 0 out of 10 in our technical rating. AAGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, AAGR is a bad performer in the overall market: 100% of all stocks are doing better.
- AAGR is part of the Food Products industry. There are 87 other stocks in this industry, of which 94% are performing better than AAGR.
- In the last month AAGR has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AAGR Weekly and Daily overview Charts
AAGR Setup Rating and Analysis
Although the technical rating is bad, AAGR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AAGR 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
AAGR Support and Resistance Analysis
0.12
We found 1 important support area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
AAGR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AAGR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAGR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | AAGR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AAGR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for AAGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AAGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.95 | NEUTRAL | The Stochastics value for AAGR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for AAGR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.69 | NEGATIVE | The low ADX value for AAGR suggests a weak or negative trend. |
AAGR Chart- and CandleStick Pattern Analysis
AAGR Technicals: Chart, Performance Metrics, Trend & Indicators
0.1326
-0.01 (-9.05%)
AFRICAN AGRICULTURE HOLDINGS / AAGR TA FAQ
What is the technical rating for AAGR stock?
ChartMill assigns a technical rating of 0 / 10 to AAGR.
What is the trend direction for AAGR stock?
The current trend direction for AFRICAN AGRICULTURE HOLDINGS (AAGR) is Bearish.
Can you provide the RSI signal for AFRICAN AGRICULTURE HOLDINGS?
AFRICAN AGRICULTURE HOLDINGS (AAGR) has an RSI value of 45.6176. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AFRICAN AGRICULTURE HOLDINGS?
The MACD indicator for AFRICAN AGRICULTURE HOLDINGS (AAGR) has a value of 0.00215426, indicating a bearish trend.
What are the support and resistance levels for AFRICAN AGRICULTURE HOLDINGS (AAGR) stock?
AFRICAN AGRICULTURE HOLDINGS (AAGR) has a support level at 0.12 and a resistance level at 0.14. Check the full technical report for our detailed analysis of AAGR support and resistance levels.