ASSURED GUARANTY LTD (AGO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AGO - BMG0585R1060 - Common Stock
Overall AGO gets a technical rating of 8 out of 10. Although AGO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 90.18, a Stop Loss order could be placed below this zone.
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78.27
4 important support areas can be observed.
- A support zone ranging from 90.10 to 90.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @85.38 from a horizontal line in the daily time frame.
- A support zone ranging from 80.41 to 80.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 79.06 to 79.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 91.09 to 91.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 AGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGO is up. |
| ChartMill Relative Strength | 54.66 | NEUTRAL | AGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.27 | NEUTRAL | The RSI value for AGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AGO has a negative trend. |
| Stochastics (14,3) | 67.88 | NEUTRAL | The Stochastics value for AGO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for AGO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for AGO suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 91.26 | 90.09 | 1.17 (1.28%) | 25.00% |
| An entry @91.26. This is a Buy Stop order right above the resistance zone. | An exit @90.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.17 points, which is 1.28%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AGO. Please evaluate whether better entry and exit points can be found.
- 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.
90.65
-0.21 (-0.23%)
ASSURED GUARANTY LTD / AGO FAQ
What is the technical rating for AGO stock?
ChartMill assigns a technical rating of 8 / 10 to AGO.
What is the trend direction for AGO stock?
The current trend direction for ASSURED GUARANTY LTD (AGO) is Bullish.
What is the RSI signal for AGO stock?
ASSURED GUARANTY LTD (AGO) has an RSI value of 57.2658. This indicates that the stock is currently neutral.
What is the MACD signal for AGO stock?
The MACD indicator for ASSURED GUARANTY LTD (AGO) has a value of -0.154349, indicating a bearish trend.
What is the buy/sell signal for ASSURED GUARANTY LTD (AGO) stock?
The buy/sell signal for ASSURED GUARANTY LTD (AGO) is buy as both the short term and long term trends are positive.