AGCO CORP (AGJ.DE) Stock Technical Analysis
FRA:AGJ - Deutsche Boerse Ag - US0010841023 - Common Stock - Currency: EUR
Overall AGJ gets a technical rating of 1 out of 10. AGJ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AGJ is a bad performer in the overall market: 80% of all stocks are doing better.
AGJ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AGJ has an average volume of 169 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
AGJ is an average performer in the Machinery industry, it outperforms 43% of 103 stocks in the same industry.
In the last month AGJ has a been trading in the 84.44 - 94.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of AGJ is bad and it also does not present a quality setup 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
77.08
100.93
We found 3 important support areas.
- A support zone ranging from 86.15 to 86.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @79.52 from a horizontal line in the weekly time frame.
- Support @77.86 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 89.78 to 90.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.15 to 94.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @96.88 from a horizontal line in the daily time frame.
- Resistance @99.93 from a trend line in the weekly time frame.
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 AGJ.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGJ.DE is neutral. |
| ChartMill Relative Strength | 20.57 | NEGATIVE | AGJ.DE has a low relative strength, it was outperformed by 79.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGJ.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGJ.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGJ.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for AGJ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests AGJ.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.64 | NEUTRAL | The Stochastics value for AGJ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AGJ.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for AGJ.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:AGJ (11/18/2024, 7:00:00 PM)
88.98
+2.98 (+3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.47%
1 Week1.74%
2 Weeks-4.51%
1 Month-1.48%
3 Month9.07%
6 Month-10.86%
12 Month-17.34%
2 Year-29.56%
3 Year-8.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%2.24%
ATR Inc22.56%
Range Today1.26
ADR(20)1.18
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.57
Mansfield-1.96
10 Day High92.34
10 Day Low84.44
20 Day High94.38
20 Day Low84.44
52 Week High123.05
52 Week Low77.18
CS1 End86.8
CR1 Start89.78
Volume & EV
DER(3)0%
DER(5)0%
Volume5
Volume Incr-86.72%
Vol(5)24.2
Vol(50)169.44