AGRIFORCE GROWING SYSTEMS LT (AGRI) Technical Analysis
NASDAQ:AGRI • CAC009483040
Current stock price
AGRI Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AGRI is a bad performer in the overall market: 98% of all stocks are doing better.
- AGRI is part of the Food Products industry. There are 88 other stocks in this industry, of which 89% are performing better than AGRI.
- AGRI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AGRI is lagging the market.
- In the last month AGRI has a been trading in the 1.95 - 3.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- AGRI has an average volume of 2831560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
AGRI Weekly and Daily overview Charts
AGRI Setup Rating and Analysis
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.
More info and screens
AGRI Support and Resistance Analysis
2.31
We found 1 important resistance area.
- Resistance @4.56 from a trend line in the daily time frame.
AGRI Technical Indicator Signal Analysis
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 | 2.91 | NEGATIVE | AGRI has a low relative strength, it was outperformed by 97.09% 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. |
AGRI Chart- and CandleStick Pattern Analysis
AGRI Technicals: Chart, Performance Metrics, Trend & Indicators
2.33
+0.29 (+14.22%)
AGRIFORCE GROWING SYSTEMS LT / AGRI TA FAQ
Can you provide the ChartMill technical rating for AGRIFORCE GROWING SYSTEMS LT?
ChartMill assigns a technical rating of 0 / 10 to AGRI.
What is the current trend direction of AGRIFORCE GROWING SYSTEMS LT (AGRI) stock?
The current trend direction for AGRIFORCE GROWING SYSTEMS LT (AGRI) is Bearish.
What is the RSI signal for AGRIFORCE GROWING SYSTEMS LT (AGRI) stock?
AGRIFORCE GROWING SYSTEMS LT (AGRI) has an RSI value of 38.5645. This indicates that the stock is currently neutral.
What is the short term momentum for AGRI stock?
The short term momentum for AGRIFORCE GROWING SYSTEMS LT (AGRI) is negative.
What is the buy/sell signal for AGRIFORCE GROWING SYSTEMS LT (AGRI) stock?
The buy/sell signal for AGRIFORCE GROWING SYSTEMS LT (AGRI) is sell as both the short term and long term trends are negative.