ADECOAGRO SA (AGRO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AGRO - LU0584671464 - Common Stock
8.35 USD
+0.44 (+5.56%)
8.4 USD
+0.05 (+0.6%)
We assign a technical rating of 2 out of 10 to AGRO. AGRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, AGRO is a bad performer in the overall market: 72% of all stocks are doing better.
AGRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AGRO has a been trading in the 6.89 - 8.46 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AGRO is part of the Food Products industry. There are 87 other stocks in this industry, AGRO did better than 63% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AGRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.82
11.69
We found 1 important support area.
- A support zone ranging from 7.90 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.36 to 8.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.81 from a trend line in the weekly time frame.
- Resistance @11.57 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AGRO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGRO is neutral. |
| ChartMill Relative Strength | 28.06 | NEGATIVE | AGRO has a low relative strength, it was outperformed by 71.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AGRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.6 | NEUTRAL | The RSI value for AGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AGRO has a positive trend. |
| Stochastics (14,3) | 71.92 | NEUTRAL | The Stochastics value for AGRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AGRO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.38 | NEGATIVE | The low ADX value for AGRO suggests a weak or negative trend. |
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)
8.35
+0.44 (+5.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg5.56%
1 Week7.6%
2 Weeks5.16%
1 Month6.51%
3 Month10.6%
6 Month-11.64%
12 Month-15.06%
2 Year-18.38%
3 Year-1.18%
5 Year11.93%
10 Year-29.95%
15 Year-33.73%
Volatility
ATR(14)0.3
ATR(20)%4.02%
ATR Inc30.75%
Range Today0.38
ADR(20)0.32
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.06
3 months CRS78.15
6 months CRS19.53
Mansfield-1.86
10 Day High8.46
10 Day Low7.53
20 Day High8.46
20 Day Low6.89
52 Week High11.79
52 Week Low6.89
CS1 End7.93
CR1 Start8.36
Volume & EV
DER(3)1.33%
DER(5)0.18%
Volume855.00K
Volume Incr-37.5%
Vol(5)907.08K
Vol(50)906.39K
ADECOAGRO SA / AGRO FAQ
What is the technical rating for AGRO stock?
ChartMill assigns a technical rating of 2 / 10 to AGRO.
Can you provide the trend direction for ADECOAGRO SA?
The current trend direction for ADECOAGRO SA (AGRO) is Bearish.
Can you provide the RSI signal for ADECOAGRO SA?
ADECOAGRO SA (AGRO) has an RSI value of 59.5971. This indicates that the stock is currently neutral.
What is the MACD signal for ADECOAGRO SA (AGRO) stock?
The MACD indicator for ADECOAGRO SA (AGRO) has a value of 0.0390781, indicating a bearish trend.