ASSURED GUARANTY LTD (AGO) Stock Technical Analysis
NYSE:AGO - New York Stock Exchange, Inc. - BMG0585R1060 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AGO. AGO'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AGO is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month AGO has a been trading in the 80.49 - 86.78 range, which is quite wide. It is currently trading near the lows of this range.
AGO is an average performer in the Insurance industry, it outperforms 51% of 143 stocks in the same industry.
AGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGO is lagging the market.
The technical rating of AGO is bad and it also does not present a quality setup 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
73.26
91.08
We found 1 important support area.
- Support @74.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 83.23 to 85.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.82 to 90.18. 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 | DOWN | NEGATIVE | The long term trend for AGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGO is down. |
| ChartMill Relative Strength | 32.54 | NEUTRAL | AGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.36 | NEUTRAL | The RSI value for AGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests AGO has a negative trend. |
| Stochastics (14,3) | 18.31 | OVERSOLD | The low Stochastics value suggests AGO may be oversold. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for AGO suggests low volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for AGO suggests a possible start of a new 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)
80.5
-2.04 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.47%
1 Week-1.7%
2 Weeks-3.98%
1 Month-3.47%
3 Month-6.67%
6 Month-11.14%
12 Month4.87%
2 Year36.81%
3 Year57.63%
5 Year275.29%
10 Year218.69%
15 Year420.36%
Volatility
ATR(14)1.51
ATR(20)%1.73%
ATR Inc14.76%
Range Today2.09
ADR(20)1.33
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.54
Mansfield-1.47
10 Day High86.78
10 Day Low80.49
20 Day High86.78
20 Day Low80.49
52 Week High96.5
52 Week Low74.09
CS1 End74
CR1 Start83.23
Volume & EV
DER(3)-2.16%
DER(5)-0.68%
Volume326.60K
Volume Incr30.91%
Vol(5)396.06K
Vol(50)338.27K