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 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AGL is a bad performer in the overall market: 95% of all stocks are doing better.
AGL is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 85% are performing better than AGL.
AGL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AGL is lagging the market.
AGL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AGL has an average volume of 5745420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AGL has a poor technical rating and the quality of the setup is also not perfect 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
2.17
4.48
When analyzing the support we notice one important area.
- A support zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.23 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.36 from a horizontal line in the daily time frame.
- Resistance @3.16 from a trend line in the daily time frame.
- Resistance @4.44 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 | DOWN | NEGATIVE | The short term trend for AGL is down. |
| ChartMill Relative Strength | 5.77 | NEGATIVE | AGL has a low relative strength, it was outperformed by 94.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGL is below a declining 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) | 31.78 | NEUTRAL | The RSI value for AGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.29 | OVERSOLD | The low Stochastics value suggests AGL may be oversold. |
| Average True Range in percent/ATR (20) | 12.45 | HIGH VOLATILITY | The high ATR as a percentage value for AGL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.67 | POSITIVE | The high ADX value value for AGL suggests a strong 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)
2.22
-0.01 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.45%
1 Week0.91%
2 Weeks-12.94%
1 Month-43.51%
3 Month-28.85%
6 Month6.22%
12 Month-64.76%
2 Year-88.83%
3 Year-88.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%12.45%
ATR Inc-21.46%
Range Today0.12
ADR(20)0.27
ADR(20)%12.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.77
Mansfield-4.47
10 Day High2.58
10 Day Low2.15
20 Day High4.78
20 Day Low2.15
52 Week High7.73
52 Week Low1.5
CS1 End2.21
CR1 Start2.23
Volume & EV
DER(3)5.83%
DER(5)2.66%
Volume4.41M
Volume Incr-21.82%
Vol(5)4.25M
Vol(50)5.75M