ALAMOS GOLD INC-CLASS A (AGI) Stock Technical Analysis
USA - NYSE:AGI - CA0115321089 - Common Stock
Overall AGI gets a technical rating of 7 out of 10. In the last year, AGI was one of the better performers, but we do observe some doubts in the very recent evolution.
Although AGI has an excellent technical rating, it does not present a decent entry opportunity 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
23.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.29 to 31.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.25 from a trend line in the weekly time frame.
- A support zone ranging from 24.50 to 25.25. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.90 to 34.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 AGI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGI is down. |
| ChartMill Relative Strength | 88.93 | POSITIVE | AGI has a high relative strength, it outperformed 88.93% 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) | UP | MIXED | The current price of AGI is below the rising 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) | 43.28 | NEUTRAL | The RSI value for AGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests AGI has a negative trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests AGI may be oversold. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AGI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.07 | NEUTRAL | The ADX value for AGI suggests a possible start of a new trend. |
31.55
-0.31 (-0.97%)
ALAMOS GOLD INC-CLASS A / AGI FAQ
Can you provide the ChartMill technical rating for ALAMOS GOLD INC-CLASS A?
ChartMill assigns a technical rating of 7 / 10 to AGI.
What is the trend direction for AGI stock?
The current trend direction for ALAMOS GOLD INC-CLASS A (AGI) is Bullish.
Can you provide the RSI signal for ALAMOS GOLD INC-CLASS A?
ALAMOS GOLD INC-CLASS A (AGI) has an RSI value of 43.279. This indicates that the stock is currently neutral.
What is the short term momentum for AGI stock?
The short term momentum for ALAMOS GOLD INC-CLASS A (AGI) is negative.
What are the support and resistance levels for ALAMOS GOLD INC-CLASS A (AGI) stock?
ALAMOS GOLD INC-CLASS A (AGI) has a support level at 31.54 and a resistance level at 33.9. Check the full technical report for our detailed analysis of AGI support and resistance levels.