KRANESHARES AI & TECH ETF (AGIX) Technical Analysis
NASDAQ:AGIX • US5007673636
Current stock price
AGIX Technical Rating and Analysis
Taking everything into account, AGIX scores 8 out of 10 in our technical rating. AGIX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that AGIX is one of the better performing stocks in the market, outperforming 81% of all stocks.
- AGIX 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 AGIX is lagging the market slightly.
- In the last month AGIX has a been trading in the 30.89 - 36.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AGIX Weekly and Daily overview Charts
AGIX Setup Rating and Analysis
Although AGIX 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.
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AGIX Support and Resistance Analysis
30.61
4 important support areas can be observed.
- A support zone ranging from 33.94 to 34.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.40 from a trend line in the weekly time frame.
- Support @31.82 from a horizontal line in the weekly time frame.
- Support @30.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.25 to 37.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
AGIX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AGIX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGIX is up. |
| ChartMill Relative Strength | 81.99 | POSITIVE | AGIX has a high relative strength, it outperformed 81.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for AGIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests AGIX has a positive trend. |
| Stochastics (14,3) | 93.12 | OVERBOUGHT | The high Stochastics value suggests AGIX may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for AGIX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for AGIX suggests a possible start of a new trend. |
AGIX Chart- and CandleStick Pattern Analysis
AGIX Technicals: Chart, Performance Metrics, Trend & Indicators
36.79
+0.89 (+2.48%)
KRANESHARES AI & TECH ETF / AGIX TA FAQ
What is the ChartMill technical rating of KRANESHARES AI & TECH ETF (AGIX) stock?
ChartMill assigns a technical rating of 8 / 10 to AGIX.
Can you provide the trend direction for KRANESHARES AI & TECH ETF?
The current trend direction for KRANESHARES AI & TECH ETF (AGIX) is Bearish.
What is the RSI signal for KRANESHARES AI & TECH ETF (AGIX) stock?
KRANESHARES AI & TECH ETF (AGIX) has an RSI value of 66.3686. This indicates that the stock is currently neutral.
What is the MACD signal for KRANESHARES AI & TECH ETF (AGIX) stock?
The MACD indicator for KRANESHARES AI & TECH ETF (AGIX) has a value of 0.41839, indicating a bearish trend.
Can you provide the support and resistance levels for KRANESHARES AI & TECH ETF?
KRANESHARES AI & TECH ETF (AGIX) has a support level at 34.67 and a resistance level at 37.25. Check the full technical report for our detailed analysis of AGIX support and resistance levels.