APPLIED GENETIC TECHNOLOGIES (AGTC) Stock Technical Analysis
NASDAQ:AGTC - Nasdaq - US03820J1007 - Common Stock - Currency: USD
Taking everything into account, AGTC scores 2 out of 10 in our technical rating. 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.
84% of all other stocks performed better in the past year than AGTC.
AGTC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
AGTC is part of the Biotechnology industry. There are 558 other stocks in this industry, AGTC did better than 54% of them.
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.
Although the technical rating is bad, AGTC does present a nice setup opportunity. 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
0.36
0.52
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.
4 important resistance areas can be observed.
- 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.
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. |
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)
0.3936
+0 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.23%
1 Week7.07%
2 Weeks3.25%
1 Month-4.23%
3 Month-1.85%
6 Month-56.23%
12 Month-79.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.81%
ATR Inc96.43%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.94
Mansfield-5.78
10 Day High0.4
10 Day Low0.36
20 Day High0.43
20 Day Low0.36
52 Week High2.83
52 Week Low0.23
CS1 End0.37
CR1 Start0.4
Volume & EV
DER(3)-9.78%
DER(5)-7.74%
Volume764.50K
Volume Incr105.77%
Vol(5)1.97M
Vol(50)1.47M