ADECOAGRO SA (AGRO) Technical Analysis
NYSE:AGRO • LU0584671464
Current stock price
AGRO Technical Rating and Analysis
Taking everything into account, AGRO scores 7 out of 10 in our technical rating. In the last year, AGRO was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month AGRO has a been trading in the 11.79 - 15.89 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- AGRO is part of the Food Products industry. There are 87 other stocks in this industry. AGRO outperforms 89% of them.
- AGRO has an average volume of 1569810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, AGRO did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- AGRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AGRO is lagging the market.
AGRO Weekly and Daily overview Charts
AGRO Setup Rating and Analysis
Although AGRO has an excellent technical rating, it does not present a decent entry opportunity 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
AGRO Support and Resistance Analysis
9.05
4 important support areas can be observed.
- A support zone ranging from 12.46 to 12.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.19 from a trend line in the daily time frame.
- Support @9.70 from a trend line in the daily time frame.
- Support @9.14 from a horizontal line in the daily time frame.
AGRO 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 | UP | POSITIVE | The long term trend for AGRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGRO is neutral. |
| ChartMill Relative Strength | 85.39 | POSITIVE | AGRO has a high relative strength, it outperformed 85.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.67 | NEUTRAL | The RSI value for AGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests AGRO has a negative trend. |
| Stochastics (14,3) | 19.09 | OVERSOLD | The low Stochastics value suggests AGRO may be oversold. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for AGRO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.08 | POSITIVE | The high ADX value value for AGRO suggests a strong trend. |
AGRO Chart- and CandleStick Pattern Analysis
AGRO Technicals: Chart, Performance Metrics, Trend & Indicators
12.72
+0.25 (+2%)
ADECOAGRO SA / AGRO TA FAQ
What is the technical rating for AGRO stock?
ChartMill assigns a technical rating of 7 / 10 to AGRO.
What is the current trend direction of ADECOAGRO SA (AGRO) stock?
The current trend direction for ADECOAGRO SA (AGRO) is Bullish.
What is the RSI signal for AGRO stock?
ADECOAGRO SA (AGRO) has an RSI value of 45.6749. This indicates that the stock is currently neutral.
What is the short term momentum for AGRO stock?
The short term momentum for ADECOAGRO SA (AGRO) is neutral.
Can you provide the support and resistance levels for ADECOAGRO SA?
ADECOAGRO SA (AGRO) has a support level at 12.46. Check the full technical report for our detailed analysis of AGRO support and resistance levels.