APPLIED GENETIC TECHNOLOGIES (AGTC) Technical Analysis
NASDAQ:AGTC • US03820J1007
Current stock price
AGTC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AGTC. AGTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, AGTC is a bad performer in the overall market: 84% of all stocks are doing better.
- AGTC is one of the lesser performing stocks in the Biotechnology industry. 66% of 517 stocks in the same industry do better.
- AGTC 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 AGTC is lagging the market.
- AGTC has an average volume of 1466560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AGTC has a been trading in the 0.36 - 0.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AGTC Weekly and Daily overview Charts
AGTC Setup Rating and Analysis
AGTC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AGTC Support and Resistance Analysis
0.36
When analyzing the support we can see 2 important areas.
- Support @0.37 from a horizontal line in the weekly time frame.
- Support @0.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.40 from a trend line in the daily time frame.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.43 from a horizontal line in the daily time frame.
- Resistance @0.51 from a trend line in the daily time frame.
AGTC 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 AGTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AGTC is neutral. |
| ChartMill Relative Strength | 16.94 | NEGATIVE | AGTC has a low relative strength, it was outperformed by 83.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AGTC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.08 | NEUTRAL | The RSI value for AGTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AGTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.04 | NEUTRAL | The Stochastics value for AGTC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for AGTC suggests some volalility. |
| Average Directional Index/ADX (14) | 38.56 | POSITIVE | The high ADX value value for AGTC suggests a strong trend. |
AGTC Chart- and CandleStick Pattern Analysis
AGTC Technicals: Chart, Performance Metrics, Trend & Indicators
0.3936
+0 (+1.23%)
APPLIED GENETIC TECHNOLOGIES / AGTC TA FAQ
What is the technical rating for AGTC stock?
ChartMill assigns a technical rating of 2 / 10 to AGTC.
Can you provide the trend direction for APPLIED GENETIC TECHNOLOGIES?
The current trend direction for APPLIED GENETIC TECHNOLOGIES (AGTC) is Bearish.
What is the RSI signal for AGTC stock?
APPLIED GENETIC TECHNOLOGIES (AGTC) has an RSI value of 60.0769. This indicates that the stock is currently neutral.
Can you provide the MACD signal for APPLIED GENETIC TECHNOLOGIES?
The MACD indicator for APPLIED GENETIC TECHNOLOGIES (AGTC) has a value of -0.0026353, indicating a bearish trend.