AGM GROUP HOLDINGS INC-A (AGMH) Stock Technical Analysis
NASDAQ:AGMH - Nasdaq - VGG0132V1058 - Common Stock - Currency: USD
Taking everything into account, AGMH scores 1 out of 10 in our technical rating. AGMH'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AGMH is a bad performer in the overall market: 97% of all stocks are doing better.
AGMH is one of the lesser performing stocks in the Capital Markets industry. 89% of 235 stocks in the same industry do better.
AGMH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AGMH has a been trading in the 2.16 - 3.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
AGMH has an average volume of 8971560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AGMH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.18, a Stop Loss order could be placed below this zone.
More info and screens
2.16
2.77
We found 1 important support area.
- A support zone ranging from 2.18 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.61 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.74 from a trend 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 | DOWN | NEGATIVE | The long term trend for AGMH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGMH is down. |
| ChartMill Relative Strength | 3.25 | NEGATIVE | AGMH has a low relative strength, it was outperformed by 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AGMH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGMH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGMH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.95 | NEUTRAL | The RSI value for AGMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AGMH has a negative trend. |
| Stochastics (14,3) | 19.98 | OVERSOLD | The low Stochastics value suggests AGMH may be oversold. |
| Average True Range in percent/ATR (20) | 11.61 | HIGH VOLATILITY | The high ATR as a percentage value for AGMH suggests high volalility. |
| Average Directional Index/ADX (14) | 11.01 | NEGATIVE | The low ADX value for AGMH suggests a weak or negative 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)
2.45
-0.02 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.81%
1 Week-14.04%
2 Weeks-17.51%
1 Month1.24%
3 Month0.82%
6 Month-96.4%
12 Month-93.53%
2 Year-97.1%
3 Year-97.48%
5 Year-99.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%11.61%
ATR Inc-25.89%
Range Today0.07
ADR(20)0.28
ADR(20)%11.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.25
Mansfield-9.46
10 Day High3.13
10 Day Low2.3
20 Day High3.21
20 Day Low2.16
52 Week High109.5
52 Week Low1.09
CS1 End2.18
CR1 Start2.61
Volume & EV
DER(3)2.64%
DER(5)-1.45%
Volume71.10K
Volume Incr-73.67%
Vol(5)163.52K
Vol(50)8.97M