PROSHARES ULTRA SILVER (AGQ) Stock Technical Analysis
NYSEARCA:AGQ - NYSE Arca - US74347W3530 - ETF - Currency: USD
Overall AGQ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AGQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AGQ did better than 90% of all other stocks.
AGQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AGQ is lagging the market slightly.
AGQ has an average volume of 1717320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AGQ has a been trading in the 46.95 - 57.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AGQ has an excellent technical rating, but the quality of the setup is only medium 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
31.80
56.93
5 important support areas can be observed.
- A support zone ranging from 47.76 to 48.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.89 from a horizontal line in the daily time frame.
- Support @35.60 from a trend line in the weekly time frame.
- Support @33.67 from a horizontal line in the daily time frame.
- Support @32.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @56.37 from a horizontal line 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 AGQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGQ is up. |
| ChartMill Relative Strength | 90.39 | POSITIVE | AGQ has a high relative strength, it outperformed 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.7 | NEUTRAL | The RSI value for AGQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests AGQ has a negative trend. |
| Stochastics (14,3) | 62.26 | NEUTRAL | The Stochastics value for AGQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for AGQ suggests some volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for AGQ suggests a strong 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)
52.66
-0.08 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week-4.6%
2 Weeks-0.57%
1 Month12.28%
3 Month38.03%
6 Month29.7%
12 Month50.72%
2 Year67.28%
3 Year116.8%
5 Year5.49%
10 Year65.55%
15 Year-77.2%
Volatility
ATR(14)2
ATR(20)%3.34%
ATR Inc10.17%
Range Today0.79
ADR(20)1.42
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.39
Mansfield1.67
10 Day High57.15
10 Day Low51.19
20 Day High57.15
20 Day Low46.95
52 Week High57.15
52 Week Low30.26
CS1 End48.1
CR1 Start56.37
Volume & EV
DER(3)-5.24%
DER(5)-5.84%
Volume1.05M
Volume Incr-10.59%
Vol(5)1.48M
Vol(50)1.72M