Allergan Plc (AGN) Technical Analysis
NYSE:AGN
Current stock price
AGN Technical Rating and Analysis
Taking everything into account, AGN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AGN did better than 92% of all other stocks. On top of that, AGN also shows a nice and consistent pattern of rising prices.
- AGN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AGN is performing more or less in line with the market.
- In the last month AGN has a been trading in the 181.60 - 196.45 range, which is quite wide. It is currently trading near the high of this range.
- AGN has an average volume of 4945300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
AGN Weekly and Daily overview Charts
AGN Setup Rating and Analysis
AGN has an excellent technical rating, but the quality of the setup is 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.
More info and screens
AGN Support and Resistance Analysis
163.04
When analyzing the support we can see 4 important areas.
- A support zone ranging from 180.50 to 190.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @173.73 from a trend line in the weekly time frame.
- Support @170.87 from a horizontal line in the weekly time frame.
- A support zone ranging from 164.69 to 166.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 200.16 to 202.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
AGN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for AGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGN is up. |
| ChartMill Relative Strength | 92.42 | POSITIVE | AGN has a high relative strength, it outperformed 92.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.95 | NEUTRAL | The RSI value for AGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests AGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.82 | NEUTRAL | The Stochastics value for AGN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for AGN suggests low volalility. |
AGN Chart- and CandleStick Pattern Analysis
AGN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.46 | 186.17 | 10.29 (5.24%) | 19.09% |
| An entry @196.46. This is a Buy Stop order right above the 10 day high. | An exit @186.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.29 points, which is 5.24%. | When investing 19.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AGN Technicals: Chart, Performance Metrics, Trend & Indicators
193.02
+0.03 (+0.02%)
Allergan Plc / AGN TA FAQ
Can you provide the ChartMill technical rating for Allergan Plc?
ChartMill assigns a technical rating of 9 / 10 to AGN.
What is the trend direction for AGN stock?
The current trend direction for Allergan Plc (AGN) is Bullish.
Can you provide the RSI signal for Allergan Plc?
Allergan Plc (AGN) has an RSI value of 62.9496. This indicates that the stock is currently neutral.
What is the buy/sell signal for AGN stock?
The buy/sell signal for Allergan Plc (AGN) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Allergan Plc (AGN) stock?
Allergan Plc (AGN) has a support level at 190.33 and a resistance level at 200.16. Check the full technical report for our detailed analysis of AGN support and resistance levels.