We assign a technical rating of 0 out of 10 to AGOV. AGOV'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.
Although the technical rating is bad, AGOV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 73.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
71.18
We found 1 important support area.
- A support zone ranging from 71.90 to 72.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 73.13 to 75.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 78.20 to 78.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @80.87 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 82.97 to 83.32. 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 AGOV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGOV is neutral. |
| ChartMill Relative Strength | 37.96 | NEUTRAL | AGOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AGOV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AGOV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for AGOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AGOV has a positive trend. |
| Stochastics (14,3) | 60.92 | NEUTRAL | The Stochastics value for AGOV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for AGOV suggests low volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for AGOV suggests a weak or negative trend. |
NYSEARCA:AGOV (11/14/2023, 8:22:27 PM)
73.1038
+0.53 (+0.74%)
ETC GAVEKAL ASIA PACIFIC GOV / AGOV FAQ
What is the technical rating for AGOV stock?
ChartMill assigns a technical rating of 0 / 10 to AGOV.
Can you provide the trend direction for ETC GAVEKAL ASIA PACIFIC GOV?
The current trend direction for ETC GAVEKAL ASIA PACIFIC GOV (AGOV) is Bearish.
What is the RSI signal for AGOV stock?
ETC GAVEKAL ASIA PACIFIC GOV (AGOV) has an RSI value of 52.8823. This indicates that the stock is currently neutral.
What is the MACD signal for AGOV stock?
The MACD indicator for ETC GAVEKAL ASIA PACIFIC GOV (AGOV) has a value of 0.0880548, indicating a bearish trend.
What is the short term momentum for ETC GAVEKAL ASIA PACIFIC GOV (AGOV) stock?
The short term momentum for ETC GAVEKAL ASIA PACIFIC GOV (AGOV) is neutral.