PowerShares DB Agriculture Long ETN (AGF) Stock Technical Analysis
NYSEARCA:AGF - NYSE Arca -
Taking everything into account, AGF scores 2 out of 10 in our technical rating. AGF'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than AGF.
AGF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AGF has an average volume of 568 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AGF has a been trading in the 7.94 - 9.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AGF has a poor technical rating and the quality of the setup is also not perfect 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
7.85
12.43
2 important support areas can be observed.
- A support zone ranging from 8.21 to 8.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.93 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.99 to 9.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.31 from a trend 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 | DOWN | NEGATIVE | The long term trend for AGF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGF is down. |
| ChartMill Relative Strength | 13.63 | NEGATIVE | AGF has a low relative strength, it was outperformed by 86.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AGF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for AGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AGF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.68 | NEUTRAL | The Stochastics value for AGF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for AGF suggests some volalility. |
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)
PowerShares DB Agriculture Long ETN
NYSEARCA:AGF (4/11/2019, 8:16:00 PM)
9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.11%
2 Weeks9.56%
1 Month2.74%
3 Month-18.11%
6 Month-2.7%
12 Month-14.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.61%
ATR Inc-98.75%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.63
Mansfield-1.34
10 Day High9
10 Day Low8.21
20 Day High9.98
20 Day Low7.94
52 Week High13.5
52 Week Low7.2
CS1 End8.31
CR1 Start9.99
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-40.54%
Vol(5)220
Vol(50)568