AGILYSYS INC (AGYS) Stock Technical Analysis
NASDAQ:AGYS • US00847J1051
Taking everything into account, AGYS scores 0 out of 10 in our technical rating. AGYS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than AGYS.
- AGYS 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.
- In the last month AGYS has a been trading in the 68.51 - 89.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- AGYS is part of the Software industry. There are 274 other stocks in this industry, AGYS did better than 49% of them.
The technical rating of AGYS is bad and it also does not present a quality setup 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.
More info and screens
71.45
When analyzing the resistance we notice 3 important areas.
- Resistance @105.94 from a trend line in the daily time frame.
- Resistance @119.39 from a horizontal line in the daily time frame.
- Resistance @126.57 from a trend 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 | DOWN | NEGATIVE | The long term trend for AGYS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AGYS is down. |
| ChartMill Relative Strength | 12.75 | NEGATIVE | AGYS has a low relative strength, it was outperformed by 87.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AGYS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AGYS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AGYS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.1 | OVERSOLD | The low RSI value suggests AGYS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AGYS has a positive trend. |
| Stochastics (14,3) | 14.17 | OVERSOLD | The low Stochastics value suggests AGYS may be oversold. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for AGYS suggests high volalility. |
| Average Directional Index/ADX (14) | 57.8 | POSITIVE | The high ADX value value for AGYS suggests a strong trend. |
72.17
-1.18 (-1.61%)
AGILYSYS INC / AGYS FAQ
Can you provide the ChartMill technical rating for AGILYSYS INC?
ChartMill assigns a technical rating of 0 / 10 to AGYS.
What is the trend direction for AGYS stock?
The current trend direction for AGILYSYS INC (AGYS) is Bearish.
Can you provide the RSI signal for AGILYSYS INC?
AGILYSYS INC (AGYS) has an RSI value of 27.1006. This indicates that the stock is currently oversold.
Can you provide the MACD signal for AGILYSYS INC?
The MACD indicator for AGILYSYS INC (AGYS) has a value of 0.0841928, indicating a bearish trend.
What is the short term momentum for AGYS stock?
The short term momentum for AGILYSYS INC (AGYS) is negative.