FEDERAL AGRIC MTG CORP-CL A (AGM.A) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AGM.A - US3131481083 - Common Stock
Taking everything into account, AGM.A scores 1 out of 10 in our technical rating. AGM.A scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, AGM.A is a bad performer in the overall market: 78% of all stocks are doing better.
- AGM.A is one of the lesser performing stocks in the Financial Services industry. 66% of 97 stocks in the same industry do better.
- AGM.A 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.
- In the last month AGM.A has a been trading in the 126.37 - 143.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AGM.A has an average volume of 1610 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Volume is considerably higher in the last couple of days.
AGM.A 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
115.03
We found 2 important support areas.
- A support zone ranging from 118.76 to 120.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @116.19 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 130.25 to 132.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 140.88 to 146.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @148.98 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AGM.A is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGM.A is down. |
| ChartMill Relative Strength | 22.02 | NEGATIVE | AGM.A has a low relative strength, it was outperformed by 77.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AGM.A is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AGM.A is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGM.A is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for AGM.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests AGM.A has a negative trend. |
| Stochastics (14,3) | 7 | OVERSOLD | The low Stochastics value suggests AGM.A may be oversold. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for AGM.A suggests some volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for AGM.A suggests a weak or negative trend. |
129
+1.26 (+0.99%)
FEDERAL AGRIC MTG CORP-CL A / AGM.A FAQ
Can you provide the ChartMill technical rating for FEDERAL AGRIC MTG CORP-CL A?
ChartMill assigns a technical rating of 1 / 10 to AGM.A.
What is the current trend direction of FEDERAL AGRIC MTG CORP-CL A (AGM.A) stock?
The current trend direction for FEDERAL AGRIC MTG CORP-CL A (AGM.A) is Bearish.
What is the RSI signal for FEDERAL AGRIC MTG CORP-CL A (AGM.A) stock?
FEDERAL AGRIC MTG CORP-CL A (AGM.A) has an RSI value of 46.908. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FEDERAL AGRIC MTG CORP-CL A?
The short term momentum for FEDERAL AGRIC MTG CORP-CL A (AGM.A) is negative.
What is the support and resistance level for AGM.A stock?
FEDERAL AGRIC MTG CORP-CL A (AGM.A) has a support level at 120.8 and a resistance level at 130.25. Check the full technical report for our detailed analysis of AGM.A support and resistance levels.