ADECOAGRO SA (AGRO)

LU0584671464 - Common Stock

11.11  +0.36 (+3.35%)

After market: 11.06 -0.05 (-0.45%)

Technical Rating and Analysis

8

Overall AGRO gets a technical rating of 8 out of 10. Both in the recent history as in the last year, AGRO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AGRO did better than 79% of all other stocks.
AGRO is one of the better performing stocks in the Food Products industry, it outperforms 86% of 92 stocks in the same industry.
In the last month AGRO has a been trading in the 10.62 - 11.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AGRO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AGRO is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AGRO Weekly chart
AGRO Daily chart
Setup Rating and Analysis

6

AGRO has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

7.16

11.22

6 important support areas can be observed.

  • A support zone ranging from 11.01 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 10.64 to 10.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.46 from a trend line in the weekly time frame.
  • Support @9.82 from a horizontal line in the weekly time frame.
  • A support zone ranging from 9.42 to 9.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @7.23 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.96
Mansfield-0.47
10 Day High11.29
10 Day Low10.72
20 Day High11.95
20 Day Low10.62
52 Week High12.51
52 Week Low8.33
Performance
1 Week0.54%
2 Weeks0.82%
1 Month0.73%
3 Month5.21%
6 Month0.36%
12 Month30.4%
2 Year0%
3 Year4.52%
5 Year67.07%
10 Year22.09%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)54.78
LBB10.59
UBB11.29
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.3011.000.30 (2.67%)25.00%
An entry @11.30. This is a Buy Stop order right above the 10 day high.An exit @11.00. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.30 points, which is 2.67%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%.

  • The distance between exit and entry is rather small compared to the average daily movement of AGRO. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AGRO Daily chart

ADECOAGRO SA

NYSE:AGRO (5/3/2024, 7:04:00 PM)

After market: 11.06 -0.05 (-0.45%)

11.11

+0.36 (+3.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.35%
1 Week0.54%
2 Weeks0.82%
1 Month0.73%
3 Month5.21%
6 Month0.36%
12 Month30.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%2.85%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.29
10 Day Low10.72
20 Day High11.95
20 Day Low10.62
52 Week High12.51
52 Week Low8.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume884.90K
Volume Incr90.04%
Vol(5)838.46K
Vol(50)478.50K