Taking everything into account, AGCUU scores 3 out of 10 in our technical rating. AGCUU'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.
- When comparing the yearly performance of all stocks, AGCUU is a bad performer in the overall market: 64% of all stocks are doing better.
- In the last month AGCUU has a been trading in the 11.87 - 18.25 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- AGCUU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGCUU is lagging the market.
- Considerably lower volume is observed in the last couple of days.
AGCUU 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
10.40
When analyzing the support we notice one important area.
- A support zone ranging from 10.50 to 10.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @18.00 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AGCUU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGCUU is neutral. |
| ChartMill Relative Strength | 36.94 | NEUTRAL | AGCUU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGCUU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AGCUU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGCUU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.24 | NEUTRAL | The RSI value for AGCUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests AGCUU has a negative trend. |
| Stochastics (14,3) | 9.98 | OVERSOLD | The low Stochastics value suggests AGCUU may be oversold. |
| Average True Range in percent/ATR (20) | 13.65 | HIGH VOLATILITY | The high ATR as a percentage value for AGCUU suggests high volalility. |
11.87
-1.69 (-12.46%)
Altimeter Growth Corporation / AGCUU FAQ
What is the technical rating for AGCUU stock?
ChartMill assigns a technical rating of 3 / 10 to AGCUU.
What is the trend direction for AGCUU stock?
The current trend direction for Altimeter Growth Corporation (AGCUU) is Bearish.
Can you provide the RSI signal for Altimeter Growth Corporation?
Altimeter Growth Corporation (AGCUU) has an RSI value of 38.2374. This indicates that the stock is currently neutral.
What is the MACD signal for AGCUU stock?
The MACD indicator for Altimeter Growth Corporation (AGCUU) has a value of -0.453819, indicating a bearish trend.
What is the short term momentum for Altimeter Growth Corporation (AGCUU) stock?
The short term momentum for Altimeter Growth Corporation (AGCUU) is neutral.