
USA - NYSEARCA:AGG - US4642872265 - ETF
We assign a technical rating of 7 out of 10 to AGG. Although AGG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, AGG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 101.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
94.89
We found 2 important support areas.
We found 1 important resistance area.
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 AGG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGG is up. |
| ChartMill Relative Strength | 47.48 | NEUTRAL | AGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.45 | NEUTRAL | The RSI value for AGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AGG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests AGG may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for AGG suggests low volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for AGG 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 |
|---|---|---|---|
| 101.36 | 100.35 | 1.02 (1.00%) | 25.00% |
| An entry @101.36. This is a Buy Stop order right above the 10 day high. | An exit @100.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.02 points, which is 1.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
101.14
+0.1 (+0.1%)
ChartMill assigns a technical rating of 7 / 10 to AGG.
The current trend direction for ISHARES CORE U.S. AGGREGATE (AGG) is Bullish.
ISHARES CORE U.S. AGGREGATE (AGG) has an RSI value of 64.4541. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES CORE U.S. AGGREGATE (AGG) has a value of 0.0430899, indicating a bearish trend.
ISHARES CORE U.S. AGGREGATE (AGG) has a support level at 101 and a resistance level at 101.15. Check the full technical report for our detailed analysis of AGG support and resistance levels.