Taking everything into account, AGRIW scores 0 out of 10 in our technical rating. AGRIW'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, AGRIW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.01. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AGRIW in the last couple of days, which is a good sign.
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When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important 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 AGRIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGRIW is down. |
| ChartMill Relative Strength | 0.82 | NEGATIVE | AGRIW has a low relative strength, it was outperformed by 99.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGRIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGRIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGRIW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.24 | NEUTRAL | The RSI value for AGRIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AGRIW has a negative trend. |
| Stochastics (14,3) | 7.51 | OVERSOLD | The low Stochastics value suggests AGRIW may be oversold. |
| Average True Range in percent/ATR (20) | 98.64 | HIGH VOLATILITY | The high ATR as a percentage value for AGRIW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.08 | POSITIVE | The high ADX value value for AGRIW suggests a strong trend. |
NASDAQ:AGRIW (7/16/2024, 8:08:15 PM)
0.0044
0 (-2.22%)
ChartMill assigns a technical rating of 0 / 10 to AGRIW.
The current trend direction for AGRIFORCE GROWING SYST -CW27 (AGRIW) is Bearish.
AGRIFORCE GROWING SYST -CW27 (AGRIW) has an RSI value of 45.2402. This indicates that the stock is currently neutral.
The short term momentum for AGRIFORCE GROWING SYST -CW27 (AGRIW) is negative.
The buy/sell signal for AGRIFORCE GROWING SYST -CW27 (AGRIW) is sell as both the short term and long term trends are negative.