AGCO CORP (AGCO) Stock Technical Analysis
NYSE:AGCO - New York Stock Exchange, Inc. - US0010841023 - Common Stock - Currency: USD
Overall AGCO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGCO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AGCO did better than 77% of all other stocks. We also observe that the gains produced by AGCO over the past year are nicely spread over this period.
AGCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AGCO is lagging the market slightly.
In the last month AGCO has a been trading in the 105.53 - 121.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AGCO is an average performer in the Machinery industry, it outperforms 66% of 127 stocks in the same industry.
Besides having an excellent technical rating, AGCO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 111.49, a Stop Loss order could be placed below this zone.
More info and screens
97.00
119.15
We found 3 important support areas.
- A support zone ranging from 111.45 to 111.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 106.41 to 107.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 97.98 to 97.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 112.30 to 113.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @117.97 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 AGCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGCO is up. |
| ChartMill Relative Strength | 77.09 | POSITIVE | AGCO has a high relative strength, it outperformed 77.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for AGCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests AGCO has a negative trend. |
| Stochastics (14,3) | 47.75 | NEUTRAL | The Stochastics value for AGCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for AGCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for AGCO suggests a possible start of a new 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 |
|---|---|---|---|
| 113.62 | 111.44 | 2.18 (1.92%) | 25.00% |
| An entry @113.62. This is a Buy Stop order right above the resistance zone. | An exit @111.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.18 points, which is 1.92%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AGCO. Please evaluate whether better entry and exit points can be found.
- 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.
112.25
+0.87 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.78%
1 Week2.42%
2 Weeks-1.2%
1 Month4.89%
3 Month3.52%
6 Month14.48%
12 Month26.99%
2 Year-13.34%
3 Year3.26%
5 Year57.88%
10 Year128.9%
15 Year239.64%
Volatility
ATR(14)4.42
ATR(20)%3.56%
ATR Inc16.65%
Range Today2.6
ADR(20)3.49
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.09
Mansfield0.44
10 Day High115.61
10 Day Low108.23
20 Day High121.16
20 Day Low105.53
52 Week High121.16
52 Week Low73.79
CS1 End111.49
CR1 Start112.3
Volume & EV
DER(3)-3.1%
DER(5)-1.47%
Volume729.00K
Volume Incr0.62%
Vol(5)915.96K
Vol(50)834.86K