PowerShares DB Agriculture Dble Shrt ETN (AGA) Stock Technical Analysis
USA - NYSEARCA:AGA -
24.46
-4.99 (-16.94%)
We assign a technical rating of 1 out of 10 to AGA. 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
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.
More info and screens
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.
When analyzing the resistance we notice 2 important 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.
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 | NEUTRAL | NEUTRAL | The long term trend for AGA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGA is down. |
| ChartMill Relative Strength | 51.3 | NEUTRAL | AGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.97 | OVERSOLD | The low RSI value suggests AGA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests AGA has a negative trend. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for AGA suggests low volalility. |
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
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
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