AGCO CORP (AGCO) Stock Technical Analysis
USA - NYSE:AGCO - US0010841023 - Common Stock
Taking everything into account, AGCO scores 1 out of 10 in our technical rating. AGCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AGCO is bad and it also does not present a quality setup 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
101.79
When analyzing the support we notice one important area.
- A support zone ranging from 102.82 to 103.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 107.46 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 115.97 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 | 28 | NEGATIVE | AGCO has a low relative strength, it was outperformed by 72% off all stocks 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) | UP | POSITIVE | The current price of AGCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.41 | NEUTRAL | The RSI value for AGCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests AGCO has a negative trend. |
| Stochastics (14,3) | 40.07 | NEUTRAL | The Stochastics value for AGCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AGCO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.48 | NEGATIVE | The low ADX value for AGCO suggests a weak or negative trend. |
103.16
-2.96 (-2.79%)
AGCO CORP / AGCO FAQ
What is the ChartMill technical rating of AGCO CORP (AGCO) stock?
ChartMill assigns a technical rating of 1 / 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 37.4119. 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.