AGRIFY CORP (AGFY) Stock Technical Analysis
NASDAQ:AGFY - Nasdaq - US00853E4044 - Common Stock - Currency: USD
Taking everything into account, AGFY scores 8 out of 10 in our technical rating. 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.
AGFY 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: AGFY has an average volume of 20338 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
AGFY is part of the Machinery industry. There are 127 other stocks in this industry. AGFY outperforms 98% of them.
In the last month AGFY has a been trading in the 19.64 - 29.34 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AGFY is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although AGFY has an excellent technical rating, it does not offer a high quality setup 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
18.59
29.44
5 important support areas can be observed.
- A support zone ranging from 24.22 to 24.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.34 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.77 from a trend line in the weekly time frame.
- Support @20.99 from a trend line in the weekly time frame.
- Support @18.78 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @27.97 from a horizontal line in the daily time frame.
- Resistance @29.15 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 | 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 | 99.19 | POSITIVE | AGFY has a high relative strength, it outperformed 99.19% 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) | DOWN | MIXED | The current price of AGFY is above a declining 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) | 52.93 | NEUTRAL | The RSI value for AGFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests AGFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.51 | NEUTRAL | The Stochastics value for AGFY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for AGFY suggests high volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for AGFY suggests a possible start of a new 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)
25.54
-2.36 (-8.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-8.44%
1 Week5.45%
2 Weeks-0.55%
1 Month21.62%
3 Month67.7%
6 Month21.92%
12 Month505.93%
2 Year-46.29%
3 Year-94.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%8.07%
ATR Inc6.85%
Range Today3.28
ADR(20)2.05
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.19
Mansfield2.49
10 Day High29.34
10 Day Low24.11
20 Day High29.34
20 Day Low19.64
52 Week High84.44
52 Week Low2.71
CS1 End24.28
CR1 Start27.97
Volume & EV
DER(3)-1.71%
DER(5)3.75%
Volume11.30K
Volume Incr-54.87%
Vol(5)8.16K
Vol(50)20.34K