FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AGM - US3131483063 - Common Stock
Overall AGM gets a technical rating of 3 out of 10. AGM'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.
AGM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 174.81, a Stop Loss order could be placed below this zone. 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
153.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 171.85 to 174.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 176.48 to 177.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 182.14 to 184.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @209.07 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for AGM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGM is neutral. |
| ChartMill Relative Strength | 39.85 | NEUTRAL | AGM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGM is above the rising 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) | 48.64 | NEUTRAL | The RSI value for AGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests AGM has a negative trend. |
| Stochastics (14,3) | 44.19 | NEUTRAL | The Stochastics value for AGM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for AGM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for AGM suggests a weak or negative trend. |
175.18
-1.18 (-0.67%)
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 3 / 10 to AGM.
What is the current trend direction of FEDERAL AGRIC MTG CORP-CL C (AGM) stock?
The current trend direction for FEDERAL AGRIC MTG CORP-CL C (AGM) is Bearish.
What is the RSI signal for AGM stock?
FEDERAL AGRIC MTG CORP-CL C (AGM) has an RSI value of 48.6394. This indicates that the stock is currently neutral.
What is the MACD signal for FEDERAL AGRIC MTG CORP-CL C (AGM) stock?
The MACD indicator for FEDERAL AGRIC MTG CORP-CL C (AGM) has a value of -0.677166, indicating a bearish trend.
What is the support and resistance level for AGM stock?
FEDERAL AGRIC MTG CORP-CL C (AGM) has a support level at 174.81 and a resistance level at 176.48. Check the full technical report for our detailed analysis of AGM support and resistance levels.