Allergan Plc (AGN) Stock Technical Analysis
NYSE:AGN - New York Stock Exchange, Inc. -
Overall AGN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AGN did better than 92% of all other stocks. We also observe that the gains produced by AGN over the past year are nicely spread over this period.
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.
Although AGN has an excellent technical rating, the quality of the presented setup is not ideal 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
163.04
204.13
4 important support areas can be observed.
- 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.
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. |
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)
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 trade has a worst case loss of 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.
193.02
+0.03 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week1.73%
2 Weeks3.27%
1 Month5.94%
3 Month-2.05%
6 Month6.48%
12 Month37.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%1.72%
ATR Inc-21.84%
Range Today1.74
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.42
Mansfield1.38
10 Day High196.45
10 Day Low186.18
20 Day High196.45
20 Day Low181.6
52 Week High202.22
52 Week Low114.27
CS1 End190.33
CR1 Start200.16
Volume & EV
DER(3)-1.72%
DER(5)-1.04%
Volume12.44M
Volume Incr65.57%
Vol(5)7.17M
Vol(50)4.95M