ALLIED GAMING & ENTERTAINMEN (AGAE) Stock Technical Analysis
NASDAQ:AGAE - Nasdaq - US0191701095 - Common Stock - Currency: USD
Overall AGAE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AGAE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AGAE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, AGAE also shows a nice and consistent pattern of rising prices.
AGAE is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry. AGAE outperforms 98% of them.
AGAE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AGAE is lagging the market slightly.
In the last month AGAE has a been trading in the 1.85 - 3.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, AGAE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.56
3.06
When analyzing the support we notice one important area.
- Support @2.59 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for AGAE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGAE is up. |
| ChartMill Relative Strength | 99.19 | POSITIVE | AGAE has a high relative strength, it outperformed 99.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGAE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGAE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGAE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.56 | NEUTRAL | The RSI value for AGAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AGAE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.87 | NEUTRAL | The Stochastics value for AGAE is a neutral value. |
| Average True Range in percent/ATR (20) | 17.81 | HIGH VOLATILITY | The high ATR as a percentage value for AGAE suggests high volalility. |
| Average Directional Index/ADX (14) | 58.08 | POSITIVE | The high ADX value value for AGAE suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 3.75 | 2.58 | 1.17 (31.20%) | 3.21% |
| An entry @3.75. This is a Buy Stop order right above the 10 day high. | An exit @2.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.17 points, which is 31.20%. | For a 1.00% total portfolio risk, you can invest 3.21% 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.
3.03
+0.38 (+14.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg14.34%
1 Week-14.65%
2 Weeks8.21%
1 Month57.81%
3 Month165.79%
6 Month315.07%
12 Month281.32%
2 Year188.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%17.81%
ATR Inc-28.17%
Range Today0.59
ADR(20)0.53
ADR(20)%17.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.19
Mansfield12.1
10 Day High3.74
10 Day Low2.52
20 Day High3.79
20 Day Low1.85
52 Week High3.79
52 Week Low0.7
CS1 End2.59
CR1 StartN/A
Volume & EV
DER(3)1.6%
DER(5)-3.28%
Volume267.10K
Volume Incr-69.6%
Vol(5)143.80K
Vol(50)325.90K