AGCO CORP (AGCO) Stock Technical Analysis
NYSE:AGCO - New York Stock Exchange, Inc. - US0010841023 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to AGCO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AGCO is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
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 95.96 - 104.07 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, AGCO turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
AGCO is part of the Machinery industry. There are 128 other stocks in this industry, AGCO did better than 52% of them.
AGCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 98.48, a Stop Loss order could be placed below this zone.
More info and screens
96.62
109.51
We found 1 important support area.
- A support zone ranging from 97.60 to 98.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 106.69 to 108.43. 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 | 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 | 58.54 | NEUTRAL | AGCO is not amongst the best or worst performers 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) | 54.6 | NEUTRAL | The RSI value for AGCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests AGCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.93 | NEUTRAL | The Stochastics value for AGCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AGCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for AGCO suggests a weak or negative 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 |
|---|---|---|---|
| 104.03 | 98.59 | 5.44 (5.23%) | 19.12% |
| An entry @104.03. This is a Buy Stop order right above the 10 day high. | An exit @98.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.44 points, which is 5.23%. | When investing 19.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
102.41
-0.16 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.16%
1 Week0.18%
2 Weeks1.48%
1 Month0.88%
3 Month9.49%
6 Month9.88%
12 Month4.63%
2 Year-22.07%
3 Year3.76%
5 Year84.66%
10 Year80.36%
15 Year279.72%
Volatility
ATR(14)2.6
ATR(20)%2.47%
ATR Inc-22.5%
Range Today1.73
ADR(20)2.36
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.54
Mansfield-0.01
10 Day High104.02
10 Day Low98.6
20 Day High104.07
20 Day Low95.96
52 Week High108.76
52 Week Low73.79
CS1 End98.48
CR1 Start106.69
Volume & EV
DER(3)0.18%
DER(5)-0.72%
Volume1.05M
Volume Incr22.51%
Vol(5)799.80K
Vol(50)791.67K