ALAMOS GOLD INC-CLASS A (AGI) Stock Technical Analysis
NYSE:AGI - New York Stock Exchange, Inc. - CA0115321089 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to AGI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, AGI did better than 86% of all other stocks. On top of that, AGI also shows a nice and consistent pattern of rising prices.
AGI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AGI is lagging the market slightly.
AGI has an average volume of 3940740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AGI is part of the Metals & Mining industry. There are 154 other stocks in this industry, AGI did better than 64% of them.
In the last month AGI has a been trading in the 25.08 - 27.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AGI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
20.68
27.62
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.81 to 26.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.50 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.81 from a horizontal line in the daily time frame.
- Support @22.48 from a trend line in the weekly time frame.
- Support @20.89 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.71 to 26.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.35 from a horizontal line in the daily 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 AGI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGI is neutral. |
| ChartMill Relative Strength | 86.68 | POSITIVE | AGI has a high relative strength, it outperformed 86.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AGI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for AGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.25 | NEUTRAL | The Stochastics value for AGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for AGI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for AGI suggests a weak or negative 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)
26.58
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.08%
1 Week2.82%
2 Weeks-1.08%
1 Month-2.82%
3 Month8.4%
6 Month38.65%
12 Month60.41%
2 Year115.22%
3 Year236.88%
5 Year150.76%
10 Year717.85%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%2.86%
ATR Inc20.94%
Range Today0.71
ADR(20)0.67
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.68
Mansfield1.31
10 Day High27.2
10 Day Low25.08
20 Day High27.97
20 Day Low25.08
52 Week High31
52 Week Low15.74
CS1 End24.5
CR1 Start25.68
Volume & EV
DER(3)0.91%
DER(5)0.59%
Volume1.99M
Volume Incr-5.11%
Vol(5)3.49M
Vol(50)3.94M