FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AGM - US3131483063 - Common Stock
We assign a technical rating of 2 out of 10 to AGM. Recently some decent action could be observed, but in the medium term time frame this is still negative. AGM was also a bad performer in the overall market in the last year.
AGM has a poor technical rating and the quality of the setup is also only medium 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.
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153.69
We found 2 important support areas.
- A support zone ranging from 165.23 to 166.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 155.24 to 157.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 171.77 to 172.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 209.07 to 209.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @215.18 from a horizontal 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 AGM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGM is up. |
| ChartMill Relative Strength | 16.67 | NEGATIVE | AGM has a low relative strength, it was outperformed by 83.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AGM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for AGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests AGM has a positive trend. |
| Stochastics (14,3) | 89.54 | OVERBOUGHT | The high Stochastics value suggests AGM may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for AGM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for AGM suggests a weak or negative trend. |
171.76
-0.93 (-0.54%)
FEDERAL AGRIC MTG CORP-CL C / AGM FAQ
Can you provide the ChartMill technical rating for FEDERAL AGRIC MTG CORP-CL C?
ChartMill assigns a technical rating of 2 / 10 to AGM.
Can you provide the trend direction for FEDERAL AGRIC MTG CORP-CL C?
The current trend direction for FEDERAL AGRIC MTG CORP-CL C (AGM) is Bearish.
What is the RSI signal for FEDERAL AGRIC MTG CORP-CL C (AGM) stock?
FEDERAL AGRIC MTG CORP-CL C (AGM) has an RSI value of 59.1858. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FEDERAL AGRIC MTG CORP-CL C?
The MACD indicator for FEDERAL AGRIC MTG CORP-CL C (AGM) has a value of 1.2065, indicating a bullish trend.
Can you provide the support and resistance levels for FEDERAL AGRIC MTG CORP-CL C?
FEDERAL AGRIC MTG CORP-CL C (AGM) has a support level at 166.65 and a resistance level at 171.77. Check the full technical report for our detailed analysis of AGM support and resistance levels.