AVANGRID INC (AGR)
US05351W1036 - Common Stock
We assign a technical rating of 8 out of 10 to AGR. Although AGR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
AGR is part of the Electric Utilities industry. There are 45 other stocks in this industry. AGR outperforms 79% of them.
AGR has an average volume of 1032120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AGR turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
AGR 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 AGR is lagging the market slightly.
In the last month AGR has a been trading in a tight range between 35.44 and 37.29.
AGR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.40, 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
28.78
37.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.50 to 36.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.18 to 31.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.07 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.67 to 37.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.54
Mansfield-0.32
10 Day High37.29
10 Day Low35.44
20 Day High37.29
20 Day Low35.44
52 Week High41.22
52 Week Low27.46
Performance
1 Week0.86%
2 Weeks2.21%
1 Month0.99%
3 Month20.07%
6 Month25.73%
12 Month-9.22%
2 Year-17.59%
3 Year-28.19%
5 Year-28.63%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)60.12
LBB35.24
UBB37.23
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 |
|---|---|---|---|
| 37.07 | 35.43 | 1.64 (4.42%) | 22.60% |
| An entry @37.07. This is a Buy Stop order right above the resistance zone. | An exit @35.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.64 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.60% of your capital in this trade. |
- 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.
AVANGRID INC
NYSE:AGR (4/25/2024, 7:04:00 PM)
After market: 36.55 0 (0%)36.55
-0.47 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.27%
1 Week0.86%
2 Weeks2.21%
1 Month0.99%
3 Month20.07%
6 Month25.73%
12 Month-9.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%1.27%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High37.29
10 Day Low35.44
20 Day High37.29
20 Day Low35.44
52 Week High41.22
52 Week Low27.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume648.90K
Volume Incr16.31%
Vol(5)922.02K
Vol(50)1.03M