USA - NASDAQ:AGRI - CAC009483040 - Common Stock
We assign a technical rating of 0 out of 10 to AGRI. AGRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AGRI is bad and it also does not present a quality setup 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.
2.31
We found 1 important resistance area.
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 AGRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGRI is down. |
| ChartMill Relative Strength | 2.71 | NEGATIVE | AGRI has a low relative strength, it was outperformed by 97.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.56 | NEUTRAL | The RSI value for AGRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AGRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.26 | OVERSOLD | The low Stochastics value suggests AGRI may be oversold. |
| Average True Range in percent/ATR (20) | 12.76 | HIGH VOLATILITY | The high ATR as a percentage value for AGRI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for AGRI suggests a weak or negative trend. |
2.33
+0.29 (+14.22%)
ChartMill assigns a technical rating of 0 / 10 to AGRI.
The current trend direction for AGRIFORCE GROWING SYSTEMS LT (AGRI) is Bearish.
AGRIFORCE GROWING SYSTEMS LT (AGRI) has an RSI value of 38.5645. This indicates that the stock is currently neutral.
The MACD indicator for AGRIFORCE GROWING SYSTEMS LT (AGRI) has a value of -0.0999248, indicating a bearish trend.
AGRIFORCE GROWING SYSTEMS LT (AGRI) has a resistance level at 4.56. Check the full technical report for our detailed analysis of AGRI support and resistance levels.