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 2 out of 10 to AGO. AGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month AGO has a been trading in the 83.05 - 90.61 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, AGO turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
AGO is an average performer in the Insurance industry, it outperforms 54% 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 trading in the upper part of its 52 week range, so AGO is lagging the market slightly.
AGO has a poor technical rating and the quality of the setup is also not perfect 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
96.42
When analyzing the support we can see 3 important areas.
- Support @80.83 from a trend line in the weekly time frame.
- A support zone ranging from 76.27 to 76.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @74.00 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 85.63 to 87.15. 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 89.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 92.20 to 95.47. 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 | NEUTRAL | NEUTRAL | The long term trend for AGO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGO is down. |
| ChartMill Relative Strength | 65.62 | 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) | UP | MIXED | The current price of AGO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.56 | NEUTRAL | The RSI value for AGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests AGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.4 | OVERSOLD | The low Stochastics value suggests AGO may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for AGO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for AGO 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)
84.44
+0.49 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.58%
1 Week-2.1%
2 Weeks-3.39%
1 Month-2.72%
3 Month-5.98%
6 Month-9.29%
12 Month10.99%
2 Year63.17%
3 Year43.48%
5 Year225.65%
10 Year195.35%
15 Year402.62%
Volatility
ATR(14)1.81
ATR(20)%2.22%
ATR Inc-23.38%
Range Today1.28
ADR(20)1.75
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.62
Mansfield-0.16
10 Day High88.79
10 Day Low83.05
20 Day High90.61
20 Day Low83.05
52 Week High96.5
52 Week Low72.57
CS1 End80.83
CR1 Start85.63
Volume & EV
DER(3)-2.7%
DER(5)-2.87%
Volume395.44K
Volume Incr4.57%
Vol(5)372.81K
Vol(50)400.19K