FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Technical Analysis
NYSE:AGM - New York Stock Exchange, Inc. - US3131483063 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to AGM. In the past year, AGM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, AGM outperforms 45% of them, which is more or less in line with the market.
AGM is part of the Financial Services industry. There are 100 other stocks in this industry, AGM did better than 47% of them.
AGM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AGM is lagging the market slightly.
In the last month AGM has a been trading in the 173.42 - 197.21 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 only medium, AGM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 194.38. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
163.79
218.62
3 important support areas can be observed.
- A support zone ranging from 185.47 to 188.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 181.38 to 182.10. 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 165.44 to 169.46. 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 194.38 to 195.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @200.27 from a trend line in the daily time frame.
- A resistance zone ranging from 213.48 to 216.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGM is up. |
| ChartMill Relative Strength | 45.26 | NEUTRAL | AGM is not amongst the best or worst performers 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) | UP | MIXED | The current price of AGM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.31 | NEUTRAL | The RSI value for AGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests AGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.51 | NEUTRAL | The Stochastics value for AGM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for AGM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.92 | NEUTRAL | The ADX value for AGM suggests a possible start of a new 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)
188.78
+3.48 (+1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.88%
1 Week1.42%
2 Weeks-3.51%
1 Month7.67%
3 Month-9.7%
6 Month-11.57%
12 Month8.08%
2 Year41.08%
3 Year79.77%
5 Year194.37%
10 Year497.97%
15 Year1082.09%
Volatility
ATR(14)5.06
ATR(20)%2.39%
ATR Inc-34.83%
Range Today3.74
ADR(20)3.78
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.26
Mansfield-0.46
10 Day High197.21
10 Day Low179.29
20 Day High197.21
20 Day Low173.42
52 Week High217.6
52 Week Low159.64
CS1 End188.66
CR1 Start194.38
Volume & EV
DER(3)-1.6%
DER(5)-0.81%
Volume68.60K
Volume Incr6.1%
Vol(5)43.02K
Vol(50)43.24K