KRANESHARES AI & TECH ETF (AGIX) Stock Technical Analysis
NASDAQ:AGIX • US5007673636
Overall AGIX gets a technical rating of 2 out of 10. AGIX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- 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 32.16 - 36.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, AGIX outperforms 62% of them, which is more or less in line with the market.
AGIX has a bad technical rating, but it does show 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 35.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AGIX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
31.08
3 important support areas can be observed.
- A support zone ranging from 33.97 to 33.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.26 to 32.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.34 to 35.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Resistance @38.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.44 to 39.44. 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 | NEUTRAL | NEUTRAL | The long term trend for AGIX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGIX is neutral. |
| ChartMill Relative Strength | 62.75 | NEUTRAL | AGIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AGIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.04 | NEUTRAL | The RSI value for AGIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests AGIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.57 | NEUTRAL | The Stochastics value for AGIX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AGIX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for AGIX suggests a possible start of a new trend. |
34.38
-0.9 (-2.55%)
KRANESHARES AI & TECH ETF / AGIX FAQ
What is the ChartMill technical rating of KRANESHARES AI & TECH ETF (AGIX) stock?
ChartMill assigns a technical rating of 2 / 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 AGIX stock?
KRANESHARES AI & TECH ETF (AGIX) has an RSI value of 46.0429. This indicates that the stock is currently neutral.
Can you provide the MACD signal for KRANESHARES AI & TECH ETF?
The MACD indicator for KRANESHARES AI & TECH ETF (AGIX) has a value of 0.128926, indicating a bearish trend.
What is the short term momentum for KRANESHARES AI & TECH ETF (AGIX) stock?
The short term momentum for KRANESHARES AI & TECH ETF (AGIX) is neutral.