AGCO CORP (AGCO) Stock Technical Analysis
USA - NYSE:AGCO - US0010841023 - Common Stock
Taking everything into account, AGCO scores 2 out of 10 in our technical rating. AGCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, AGCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 103.16, a Stop Loss order could be placed below this zone.
More info and screens
99.49
We found 2 important support areas.
- A support zone ranging from 102.82 to 103.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.49 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 104.87 to 111.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 115.81 to 117.97. This zone is formed by a combination of multiple trend lines 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 AGCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGCO is neutral. |
| ChartMill Relative Strength | 53.67 | NEUTRAL | AGCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AGCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.37 | NEUTRAL | The RSI value for AGCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AGCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.92 | NEUTRAL | The Stochastics value for AGCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for AGCO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.45 | NEGATIVE | The low ADX value for AGCO suggests a weak or negative trend. |
104.43
-1.66 (-1.56%)
AGCO CORP / AGCO FAQ
What is the ChartMill technical rating of AGCO CORP (AGCO) stock?
ChartMill assigns a technical rating of 2 / 10 to AGCO.
What is the trend direction for AGCO stock?
The current trend direction for AGCO CORP (AGCO) is Bearish.
What is the RSI signal for AGCO stock?
AGCO CORP (AGCO) has an RSI value of 43.3662. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AGCO CORP?
The short term momentum for AGCO CORP (AGCO) is neutral.