AFRICAN GOLD ACQUISITION C-A (AGAC)
KYG0112R1083 - Common Stock
Overall AGAC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AGAC is only an average performer.
Warning: AGAC has an average volume of 8870 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by AGAC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AGAC is leading the market.
When compared to the yearly performance of all other stocks, AGAC outperforms 64% of them, which is more or less in line with the market.
In the last month AGAC has a been trading in a tight range between 10.47 and 10.69.
Considerably lower volume is observed in the last couple of days.
AGAC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.53
10.81
3 important support areas can be observed.
- A support zone ranging from 10.52 to 10.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.30 from a horizontal line in the daily time frame.
- A support zone ranging from 9.63 to 9.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.70 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.45
Mansfield-0.33
10 Day High10.69
10 Day Low10.57
20 Day High10.69
20 Day Low10.47
52 Week High10.69
52 Week Low9.84
Performance
1 Week0.38%
2 Weeks0.94%
1 Month1.42%
3 Month3.09%
6 Month5.32%
12 Month8.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)71.74
LBB10.54
UBB10.72
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 |
|---|---|---|---|
| 10.71 | 10.56 | 0.15 (1.40%) | 25.00% |
| An entry @10.71. This is a Buy Stop order right above the resistance zone. | An exit @10.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 1.40%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
AFRICAN GOLD ACQUISITION C-A
NYSE:AGAC (8/21/2023, 6:24:42 PM)
10.69
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.38%
2 Weeks0.94%
1 Month1.42%
3 Month3.09%
6 Month5.32%
12 Month8.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.24%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.69
10 Day Low10.57
20 Day High10.69
20 Day Low10.47
52 Week High10.69
52 Week Low9.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume200
Volume Incr-58.62%
Vol(5)1.86K
Vol(50)8.87K