AGBA ACQUISITION LTD -CW24 (AGBAW) Stock Technical Analysis
NASDAQ:AGBAW - Nasdaq - - Currency: USD
We assign a technical rating of 3 out of 10 to AGBAW. Although AGBAW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AGBAW has a been trading in the 0.15 - 0.28 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that AGBAW is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
AGBAW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGBAW is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, AGBAW does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for AGBAW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.16
0.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.17 from a trend line in the daily time frame.
- Support @0.16 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 AGBAW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGBAW is neutral. |
| ChartMill Relative Strength | 99.27 | POSITIVE | AGBAW has a high relative strength, it outperformed 99.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGBAW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGBAW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGBAW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.9 | NEUTRAL | The RSI value for AGBAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AGBAW has a positive trend. |
| Stochastics (14,3) | 40.06 | NEUTRAL | The Stochastics value for AGBAW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.48 | HIGH VOLATILITY | The high ATR as a percentage value for AGBAW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.97 | NEGATIVE | The low ADX value for AGBAW suggests a weak or negative 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)
0.2001
-0.01 (-6.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.84%
1 Week5.15%
2 Weeks-5.84%
1 Month-6.93%
3 Month-22.14%
6 Month135.41%
12 Month457.38%
2 Year523.36%
3 Year-28.54%
5 Year151.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%25.48%
ATR Inc62.12%
Range Today0.1
ADR(20)0.05
ADR(20)%24.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.27
Mansfield3.92
10 Day High0.28
10 Day Low0.15
20 Day High0.28
20 Day Low0.15
52 Week High0.45
52 Week Low0.01
CS1 End0.19
CR1 Start0.22
Volume & EV
DER(3)-0.71%
DER(5)22.37%
Volume86.50K
Volume Incr150.3%
Vol(5)88.38K
Vol(50)44.96K