AGRIFY CORP (AGFY) Technical Analysis
NASDAQ:AGFY • US00853E4044
Current stock price
AGFY Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to AGFY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGFY is showing a nice and steady performance.
- Warning: AGFY has an average volume of 21188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- AGFY is one of the better performing stocks in the Machinery industry, it outperforms 100% of 131 stocks in the same industry.
- In the last month AGFY has a been trading in the 23.96 - 48.84 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, AGFY did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- AGFY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AGFY is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AGFY Weekly and Daily overview Charts
AGFY Setup Rating and Analysis
Although AGFY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AGFY Support and Resistance Analysis
19.35
We found 6 important support areas.
- A support zone ranging from 30.33 to 30.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @27.46 from a trend line in the daily time frame.
- Support @25.67 from a trend line in the weekly time frame.
- Support @24.22 from a horizontal line in the daily time frame.
- Support @20.70 from a horizontal line in the weekly time frame.
- Support @19.55 from a horizontal line in the daily time frame.
AGFY Technical Indicator Signal Analysis
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 AGFY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGFY is up. |
| ChartMill Relative Strength | 99.72 | POSITIVE | AGFY has a high relative strength, it outperformed 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGFY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGFY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGFY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.99 | OVERBOUGHT | The high RSI value suggests AGFY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.64 | POSITIVE | The MACD value suggests AGFY has a positive trend. |
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for AGFY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for AGFY suggests high volalility. |
| Average Directional Index/ADX (14) | 43.37 | POSITIVE | The high ADX value value for AGFY suggests a strong trend. |
AGFY Chart- and CandleStick Pattern Analysis
AGFY Technicals: Chart, Performance Metrics, Trend & Indicators
47.12
+1.24 (+2.7%)
AGRIFY CORP / AGFY TA FAQ
What is the technical rating for AGFY stock?
ChartMill assigns a technical rating of 9 / 10 to AGFY.
What is the trend direction for AGFY stock?
The current trend direction for AGRIFY CORP (AGFY) is Bullish.
What is the RSI signal for AGRIFY CORP (AGFY) stock?
AGRIFY CORP (AGFY) has an RSI value of 80.9912. This indicates that the stock is currently overbought.
What is the short term momentum for AGRIFY CORP (AGFY) stock?
The short term momentum for AGRIFY CORP (AGFY) is positive.
What is the buy/sell signal for AGFY stock?
The buy/sell signal for AGRIFY CORP (AGFY) is buy as both the short term and long term trends are positive.