Logo image of AGC

Altimeter Growth Corporation (AGC) Stock Technical Analysis

NASDAQ:AGC - Nasdaq - US0076391079 - Common Stock

11.01  -1.71 (-13.44%)

After market: 11.64 +0.63 (+5.72%)

Technical Rating and Analysis

3

Taking everything into account, AGC scores 3 out of 10 in our technical rating. AGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, AGC is a bad performer in the overall market: 73% of all stocks are doing better.
AGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AGC has a been trading in the 11.01 - 17.15 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.
AGC has an average volume of 4535740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
Altimeter Growth Corporation / AGC Weekly stock chart
Altimeter Growth Corporation / AGC Daily stock chart
Setup Rating and Analysis

4

AGC has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

9.97

16.92

3 important support areas can be observed.

  • Support @10.80 from a trend line in the weekly time frame.
  • Support @10.26 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.07 to 10.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @16.75 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for AGC is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AGC is neutral.
ChartMill Relative Strength27.93NEGATIVEAGC has a low relative strength, it was outperformed by 72.07% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AGC is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of AGC is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AGC is below a declining SMA(200).
Relative Strength Index/RSI (14)36.79NEUTRALThe RSI value for AGC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.42NEGATIVEThe MACD value suggests AGC has a negative trend.
Stochastics (14,3)8.65OVERSOLDThe low Stochastics value suggests AGC may be oversold.
Average True Range in percent/ATR (20)14.62HIGH VOLATILITYThe high ATR as a percentage value for AGC suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Altimeter Growth Corporation / AGC Daily stock chart

Altimeter Growth Corporation

NASDAQ:AGC (12/1/2021, 8:19:57 PM)

After market: 11.64 +0.63 (+5.72%)

11.01

-1.71 (-13.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.44%
1 Week-19.87%
2 Weeks-26.99%
1 Month-8.25%
3 Month3.48%
6 Month-3.25%
12 Month-11.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%14.62%
ATR Inc10.77%
Range Today2.62
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
CRS27.93
Mansfield-1.68
10 Day High14.95
10 Day Low11.01
20 Day High17.15
20 Day Low11.01
52 Week High18.11
52 Week Low10.04
CS1 End10.8
CR1 Start16.75
Volume & EV
DER(3)-6.91%
DER(5)-5.15%
Volume9.01M
Volume Incr-26.86%
Vol(5)4.15M
Vol(50)4.54M