Taking everything into account, AGAE scores 1 out of 10 in our technical rating. AGAE'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.
Although the technical rating is bad, AGAE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
0.37
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 AGAE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGAE is down. |
| ChartMill Relative Strength | 3.73 | NEGATIVE | AGAE has a low relative strength, it was outperformed by 96.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AGAE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGAE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGAE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.2 | NEUTRAL | The RSI value for AGAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AGAE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.66 | NEUTRAL | The Stochastics value for AGAE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.2 | HIGH VOLATILITY | The high ATR as a percentage value for AGAE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for AGAE suggests a possible start of a new trend. |
0.3707
-0.02 (-5.91%)
ChartMill assigns a technical rating of 1 / 10 to AGAE.
The current trend direction for ALLIED GAMING & ENTERTAINMEN (AGAE) is Bearish.
ALLIED GAMING & ENTERTAINMEN (AGAE) has an RSI value of 42.2043. This indicates that the stock is currently neutral.
The MACD indicator for ALLIED GAMING & ENTERTAINMEN (AGAE) has a value of 0.0056625, indicating a bearish trend.
The buy/sell signal for ALLIED GAMING & ENTERTAINMEN (AGAE) is sell as both the short term and long term trends are negative.