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PowerShares DB Agriculture Dble Shrt ETN (AGA) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:AGA -

24.46
-4.99 (-16.94%)
Last: 4/19/2018, 8:04:05 PM
Technical Rating and Analysis

1

Overall AGA gets a technical rating of 1 out of 10. AGA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month AGA has a been trading in the 24.46 - 32.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: AGA has an average volume of 186 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, AGA turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
AGA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGA is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PowerShares DB Agriculture Dble Shrt ETN / AGA Weekly stock chart
PowerShares DB Agriculture Dble Shrt ETN / AGA Daily stock chart
Setup Rating and Analysis

1

The technical rating of AGA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

22.77

31.97

2 important support areas can be observed.

  • A support zone ranging from 23.67 to 23.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.00 to 23.29. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 29.10 to 29.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 31.60 to 31.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for AGA is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AGA is down.
ChartMill Relative Strength51.3NEUTRALAGA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AGA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AGA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AGA is below a declining SMA(200).
Relative Strength Index/RSI (14)16.97OVERSOLDThe low RSI value suggests AGA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.64NEGATIVEThe MACD value suggests AGA has a negative trend.
Average True Range in percent/ATR (20)1.78LOW VOLATILITYThe low ATR as a percentage value for AGA suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PowerShares DB Agriculture Dble Shrt ETN / AGA Daily stock chart

PowerShares DB Agriculture Dble Shrt ETN

NYSEARCA:AGA (4/19/2018, 8:04:05 PM)

24.46

-4.99 (-16.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-16.94%
1 Week-16.94%
2 Weeks-23.13%
1 Month-23.13%
3 Month-9.07%
6 Month-19.57%
12 Month11.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.78%
ATR Inc836.46%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.3
3 months CRSN/A
6 months CRSN/A
Mansfield-1.8
10 Day High32.5
10 Day Low24.46
20 Day High32.5
20 Day Low24.46
52 Week High32.5
52 Week Low19.95
CS1 End23.9
CR1 Start29.1
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-39.39%
Vol(5)100
Vol(50)186

PowerShares DB Agriculture Dble Shrt ETN / AGA FAQ

What is the technical rating for AGA stock?

ChartMill assigns a technical rating of 1 / 10 to AGA.


What is the current trend direction of PowerShares DB Agriculture Dble Shrt ETN (AGA) stock?

The current trend direction for PowerShares DB Agriculture Dble Shrt ETN (AGA) is Bearish.


Can you provide the RSI signal for PowerShares DB Agriculture Dble Shrt ETN?

PowerShares DB Agriculture Dble Shrt ETN (AGA) has an RSI value of 16.9673. This indicates that the stock is currently oversold.


What is the short term momentum for AGA stock?

The short term momentum for PowerShares DB Agriculture Dble Shrt ETN (AGA) is negative.


What are the support and resistance levels for PowerShares DB Agriculture Dble Shrt ETN (AGA) stock?

PowerShares DB Agriculture Dble Shrt ETN (AGA) has a support level at 23.9 and a resistance level at 29.1. Check the full technical report for our detailed analysis of AGA support and resistance levels.