AGIOS PHARMACEUTICALS INC (AGIO) Stock Technical Analysis
USA - NASDAQ:AGIO - US00847X1046 - Common Stock
We assign a technical rating of 8 out of 10 to AGIO. Although AGIO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AGIO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.47, a Stop Loss order could be placed below this zone.
More info and screens
27.34
5 important support areas can be observed.
- A support zone ranging from 41.35 to 42.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @40.23 from a horizontal line in the daily time frame.
- A support zone ranging from 39.00 to 39.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.00 to 35.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.62 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.34 to 43.46. This zone is formed by a combination of multiple trend lines 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 AGIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGIO is up. |
| ChartMill Relative Strength | 45.19 | NEUTRAL | AGIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for AGIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AGIO has a positive trend. |
| Stochastics (14,3) | 67.25 | NEUTRAL | The Stochastics value for AGIO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for AGIO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for AGIO suggests a possible start of a new 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 |
|---|---|---|---|
| 43.47 | 41.34 | 2.13 (4.90%) | 20.41% |
| An entry @43.47. This is a Buy Stop order right above the resistance zone. | An exit @41.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.13 points, which is 4.90%. | When investing 20.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AGIO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.33
+1.24 (+2.95%)
AGIOS PHARMACEUTICALS INC / AGIO FAQ
What is the ChartMill technical rating of AGIOS PHARMACEUTICALS INC (AGIO) stock?
ChartMill assigns a technical rating of 8 / 10 to AGIO.
What is the trend direction for AGIO stock?
The current trend direction for AGIOS PHARMACEUTICALS INC (AGIO) is Bullish.
Can you provide the RSI signal for AGIOS PHARMACEUTICALS INC?
AGIOS PHARMACEUTICALS INC (AGIO) has an RSI value of 62.9406. This indicates that the stock is currently neutral.
What is the buy/sell signal for AGIO stock?
The buy/sell signal for AGIOS PHARMACEUTICALS INC (AGIO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AGIO stock?
AGIOS PHARMACEUTICALS INC (AGIO) has a support level at 42.47 and a resistance level at 43.34. Check the full technical report for our detailed analysis of AGIO support and resistance levels.