AGILON HEALTH INC (AGL) Stock Technical Analysis
NYSE:AGL - New York Stock Exchange, Inc. - US00857U1079 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AGL. AGL'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AGL is a bad performer in the overall market: 98% of all stocks are doing better.
AGL is one of the lesser performing stocks in the Health Care Providers & Services industry. 88% of 103 stocks in the same industry do better.
AGL 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.
AGL has an average volume of 4597090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AGL has a been trading in the 2.06 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AGL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.32. Right above this resistance zone may be a good entry point.
More info and screens
2.07
4.43
We found 1 important support area.
- A support zone ranging from 2.09 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.39 to 2.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.55 from a trend line in the weekly time frame.
- Resistance @4.39 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 AGL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGL is neutral. |
| ChartMill Relative Strength | 2.67 | NEGATIVE | AGL has a low relative strength, it was outperformed by 97.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.7 | NEUTRAL | The RSI value for AGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AGL has a positive trend. |
| Stochastics (14,3) | 68.33 | NEUTRAL | The Stochastics value for AGL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for AGL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for AGL suggests a weak or negative 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)
2.38
+0.08 (+3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg3.48%
1 Week7.69%
2 Weeks9.17%
1 Month5.78%
3 Month-42.65%
6 Month13.88%
12 Month-60.07%
2 Year-87.57%
3 Year-90.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.75%
ATR Inc16.32%
Range Today0.17
ADR(20)0.13
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.67
Mansfield-3.58
10 Day High2.43
10 Day Low2.06
20 Day High2.48
20 Day Low2.06
52 Week High7.73
52 Week Low1.5
CS1 End2.13
CR1 Start2.32
Volume & EV
DER(3)1.3%
DER(5)2.16%
Volume3.94M
Volume Incr-11.55%
Vol(5)3.37M
Vol(50)4.60M