ISHARES AGENCY BOND ETF (AGZ) Stock Technical Analysis
NYSEARCA:AGZ • US4642881662
Overall AGZ gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AGZ is only an average performer.
- Warning: AGZ has an average volume of 17066 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- AGZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, AGZ outperforms 40% of them, which is more or less in line with the market.
- In the last month AGZ has a been trading in a tight range between 109.76 and 110.84.
AGZ has an excellent technical rating, but the quality of the setup is only medium 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
105.56
We found 1 important support area.
- A support zone ranging from 106.63 to 110.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 110.96 to 110.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AGZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AGZ is up. |
| ChartMill Relative Strength | 40.48 | NEUTRAL | AGZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AGZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AGZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AGZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.74 | NEUTRAL | The RSI value for AGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AGZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.8 | OVERBOUGHT | The high Stochastics value suggests AGZ may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for AGZ suggests low volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for AGZ suggests a weak or negative 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 |
|---|---|---|---|
| 110.97 | 109.75 | 1.22 (1.10%) | 25.00% |
| An entry @110.97. This is a Buy Stop order right above the resistance zone. | An exit @109.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.22 points, which is 1.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- 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.
110.785
+0.02 (+0.01%)
ISHARES AGENCY BOND ETF / AGZ FAQ
What is the ChartMill technical rating of ISHARES AGENCY BOND ETF (AGZ) stock?
ChartMill assigns a technical rating of 7 / 10 to AGZ.
What is the current trend direction of ISHARES AGENCY BOND ETF (AGZ) stock?
The current trend direction for ISHARES AGENCY BOND ETF (AGZ) is Bullish.
What is the RSI signal for AGZ stock?
ISHARES AGENCY BOND ETF (AGZ) has an RSI value of 60.7353. This indicates that the stock is currently neutral.
What is the short term momentum for AGZ stock?
The short term momentum for ISHARES AGENCY BOND ETF (AGZ) is positive.
Can you provide the support and resistance levels for ISHARES AGENCY BOND ETF?
ISHARES AGENCY BOND ETF (AGZ) has a support level at 110.68 and a resistance level at 110.96. Check the full technical report for our detailed analysis of AGZ support and resistance levels.