AGROFRESH SOLUTIONS INC (AGFS) Stock Technical Analysis
USA - NASDAQ:AGFS - US00856G1094 - Common Stock
Overall AGFS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, AGFS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, AGFS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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2.90
When analyzing the support we notice one important area.
- A support zone ranging from 2.93 to 3.00. 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 3.00 to 3.01. 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 AGFS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGFS is up. |
| ChartMill Relative Strength | 95.41 | POSITIVE | AGFS has a high relative strength, it outperformed 95.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.98 | NEUTRAL | The RSI value for AGFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AGFS has a positive trend. |
| Stochastics (14,3) | 68.33 | NEUTRAL | The Stochastics value for AGFS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for AGFS suggests low volalility. |
| Average Directional Index/ADX (14) | 53.94 | POSITIVE | The high ADX value value for AGFS suggests a strong trend. |
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 |
|---|---|---|---|
| 3.02 | 2.97 | 0.05 (1.66%) | 25.00% |
| An entry @3.02. This is a Buy Stop order right above the resistance zone. | An exit @2.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 1.66%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
3
+0.01 (+0.33%)
AGROFRESH SOLUTIONS INC / AGFS FAQ
Can you provide the ChartMill technical rating for AGROFRESH SOLUTIONS INC?
ChartMill assigns a technical rating of 7 / 10 to AGFS.
What is the current trend direction of AGROFRESH SOLUTIONS INC (AGFS) stock?
The current trend direction for AGROFRESH SOLUTIONS INC (AGFS) is Bullish.
Can you provide the RSI signal for AGROFRESH SOLUTIONS INC?
AGROFRESH SOLUTIONS INC (AGFS) has an RSI value of 57.9809. This indicates that the stock is currently neutral.
What is the MACD signal for AGFS stock?
The MACD indicator for AGROFRESH SOLUTIONS INC (AGFS) has a value of 2.53623e-8, indicating a bearish trend.
What are the support and resistance levels for AGROFRESH SOLUTIONS INC (AGFS) stock?
AGROFRESH SOLUTIONS INC (AGFS) has a support level at 3 and a resistance level at 3. Check the full technical report for our detailed analysis of AGFS support and resistance levels.