23.23 -0.17 (-0.73%)
Taking everything into account, AGNCO scores 6 out of 10 in our technical rating. Although AGNCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, AGNCO does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.17, a Stop Loss order could be placed below this zone.
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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.
|An entry @23.51. This is a Buy Stop order right above the 10 day high.||An exit @22.84. This is a Stop Loss order right below the 10 day low.||The trade has a worst case loss of 0.67 points, which is 2.85%.||When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%.|
AGNC INVESTMENT CORP - AGNC 6 1/2 PERP
NASDAQ:AGNCO (12/8/2023, 7:00:01 PM)