AGILYSYS INC (AGYS) Stock Technical Analysis
USA - NASDAQ:AGYS - US00847J1051 - Common Stock
We assign a technical rating of 8 out of 10 to AGYS. Although AGYS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AGYS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 128.51, a Stop Loss order could be placed below this zone. 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
102.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 126.66 to 128.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.01 to 122.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @108.60 from a trend line in the daily time frame.
- Support @103.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @138.68 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 | UP | POSITIVE | The long term trend for AGYS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGYS is up. |
| ChartMill Relative Strength | 74.97 | POSITIVE | AGYS has a high relative strength, it outperformed 74.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.28 | NEUTRAL | The RSI value for AGYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AGYS has a negative trend. |
| Stochastics (14,3) | 46.48 | NEUTRAL | The Stochastics value for AGYS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for AGYS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.6 | POSITIVE | The high ADX value value for AGYS suggests a strong trend. |
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 |
|---|---|---|---|
| 138.69 | 126.65 | 12.04 (8.68%) | 11.52% |
| An entry @138.69. This is a Buy Stop order right above the resistance zone. | An exit @126.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.04 points, which is 8.68%. | For a 1.00% total portfolio risk, you can invest 11.52% of your capital in this trade. |
- 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.
128.52
+0.52 (+0.41%)
AGILYSYS INC / AGYS FAQ
Can you provide the ChartMill technical rating for AGILYSYS INC?
ChartMill assigns a technical rating of 8 / 10 to AGYS.
What is the current trend direction of AGILYSYS INC (AGYS) stock?
The current trend direction for AGILYSYS INC (AGYS) is Bullish.
Can you provide the RSI signal for AGILYSYS INC?
AGILYSYS INC (AGYS) has an RSI value of 61.2785. This indicates that the stock is currently neutral.
What is the short term momentum for AGYS stock?
The short term momentum for AGILYSYS INC (AGYS) is positive.
Can you provide the support and resistance levels for AGILYSYS INC?
AGILYSYS INC (AGYS) has a support level at 128.51 and a resistance level at 138.68. Check the full technical report for our detailed analysis of AGYS support and resistance levels.