AGLE Technical Analysis - AEGLEA BIOTHERAPEUTICS INC

Technical Rating and Analysis

Taking everything into account, AGLE scores 2 out of 10 in our technical rating. AGLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

75% of all other stocks performed better in the past year than AGLE.

In the last month AGLE has a been trading in the 8.43 - 12.54 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.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

AGLE is an average performer in the Biotechnology industry, it outperforms 43% of 536 stocks in the same industry.

AGLE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGLE is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

AEGLEA BIOTHERAPEUTICS INC / AGLE Weekly stock chart

AEGLEA BIOTHERAPEUTICS INC / AGLE Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, AGLE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.31, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

10.13

12.43

We found 1 important support area.

A support zone ranging from 10.23 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

Resistance @12.31 from a trend line in the daily time frame.

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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 AGLE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for AGLE is neutral.
ChartMill Relative Strength	25.86	NEGATIVE	AGLE has a low relative strength, it was outperformed by 74.14% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of AGLE is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of AGLE is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of AGLE is above a declining SMA(200).
Relative Strength Index/RSI (14)	57.87	NEUTRAL	The RSI value for AGLE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.2	POSITIVE	The MACD value suggests AGLE has a positive trend.
Stochastics (14,3)	74.17	NEUTRAL	The Stochastics value for AGLE is a neutral value.
Average True Range in percent/ATR (20)	10.77	HIGH VOLATILITY	The high ATR as a percentage value for AGLE suggests high volalility.
Average Directional Index/ADX (14)	11.26	NEGATIVE	The low ADX value for AGLE suggests a weak or negative trend.