We assign a technical rating of 0 out of 10 to AGIO. AGIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AGIO does present a nice setup opportunity. 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 29.17. Right above this resistance zone may be a good entry point.
24.22
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for AGIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGIO is down. |
| ChartMill Relative Strength | 14.51 | NEGATIVE | AGIO has a low relative strength, it was outperformed by 85.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AGIO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for AGIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests AGIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.44 | NEUTRAL | The Stochastics value for AGIO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AGIO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.48 | NEUTRAL | The ADX value for AGIO suggests a possible start of a new trend. |
27.18
-0.04 (-0.15%)
ChartMill assigns a technical rating of 0 / 10 to AGIO.
The current trend direction for AGIOS PHARMACEUTICALS INC (AGIO) is Bearish.
AGIOS PHARMACEUTICALS INC (AGIO) has an RSI value of 44.8332. This indicates that the stock is currently neutral.
The buy/sell signal for AGIOS PHARMACEUTICALS INC (AGIO) is sell as both the short term and long term trends are negative.
AGIOS PHARMACEUTICALS INC (AGIO) has a support level at 25.27 and a resistance level at 29.17. Check the full technical report for our detailed analysis of AGIO support and resistance levels.