Altimeter Growth Corporation (AGC) Technical Analysis
NASDAQ:AGC • US0076391079
Current stock price
AGC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to AGC. AGC'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.
- 73% of all other stocks performed better in the past year than AGC.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AGC Weekly and Daily overview Charts
AGC Setup Rating and Analysis
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.
More info and screens
AGC Support and Resistance Analysis
9.97
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.
AGC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AGC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGC is neutral. |
| ChartMill Relative Strength | 27.93 | NEGATIVE | AGC has a low relative strength, it was outperformed by 72.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AGC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.79 | NEUTRAL | The RSI value for AGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests AGC has a negative trend. |
| Stochastics (14,3) | 8.65 | OVERSOLD | The low Stochastics value suggests AGC may be oversold. |
| Average True Range in percent/ATR (20) | 14.62 | HIGH VOLATILITY | The high ATR as a percentage value for AGC suggests high volalility. |
AGC Chart- and CandleStick Pattern Analysis
AGC Technicals: Chart, Performance Metrics, Trend & Indicators
11.01
-1.71 (-13.44%)
Altimeter Growth Corporation / AGC TA FAQ
What is the ChartMill technical rating of Altimeter Growth Corporation (AGC) stock?
ChartMill assigns a technical rating of 3 / 10 to AGC.
What is the trend direction for AGC stock?
The current trend direction for Altimeter Growth Corporation (AGC) is Bearish.
Can you provide the RSI signal for Altimeter Growth Corporation?
Altimeter Growth Corporation (AGC) has an RSI value of 36.7911. This indicates that the stock is currently neutral.
What is the short term momentum for AGC stock?
The short term momentum for Altimeter Growth Corporation (AGC) is neutral.