ARGAN INC (AGX)
US04010E1091 - Common Stock
Overall AGX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AGX did better than 93% of all other stocks.
AGX is part of the Construction & Engineering industry. There are 40 other stocks in this industry. AGX outperforms 74% of them.
AGX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AGX is leading the market.
In the last month AGX has a been trading in the 48.85 - 62.69 range, which is quite wide. It is currently trading near the high of this range.
AGX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 61.97, a Stop Loss order could be placed below this zone.
More info and screens
40.42
62.61
6 important support areas can be observed.
- A support zone ranging from 61.13 to 61.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.71 to 49.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 47.22 to 47.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.21 to 46.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @42.62 from a trend line in the weekly time frame.
- Support @40.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.99 to 61.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.78
Mansfield2.46
10 Day High62.69
10 Day Low58
20 Day High62.69
20 Day Low48.85
52 Week High62.69
52 Week Low37.37
Performance
1 Week0.1%
2 Weeks3.7%
1 Month22.64%
3 Month39.25%
6 Month39%
12 Month54.06%
2 Year68.52%
3 Year23.59%
5 Year29.61%
10 Year131.53%
15 Year365.67%
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)0.38
RSI(14)75.65
LBB49.4
UBB67.87
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.00 | 61.12 | 0.88 (1.42%) | 25.00% |
| An entry @62.00. This is a Buy Stop order right above the resistance zone. | An exit @61.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.88 points, which is 1.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- The distance between exit and entry is rather small compared to the average daily movement of AGX. 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.
ARGAN INC
NYSE:AGX (4/26/2024, 7:04:00 PM)
After market: 61.98 0 (0%)61.98
+0.77 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.26%
1 Week0.1%
2 Weeks3.7%
1 Month22.64%
3 Month39.25%
6 Month39%
12 Month54.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.49
ATR(20)%3.29%
ATR Inc
Range Today1.21
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 High62.69
10 Day Low58
20 Day High62.69
20 Day Low48.85
52 Week High62.69
52 Week Low37.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume51.70K
Volume Incr-16.02%
Vol(5)92.34K
Vol(50)79.08K