ANGEL STUDIOS INC (ANGX) Stock Technical Analysis
NYSE:ANGX • US0349481095
Overall ANGX gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ANGX was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, ANGX is a bad performer in the overall market: 100% of all stocks are doing better.
- ANGX is one of the lesser performing stocks in the Entertainment industry. 88% of 80 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ANGX has a been trading in the 2.99 - 4.30 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ANGX 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
3.36
We found 1 important support area.
- Support @3.39 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.21 to 4.21. 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 | NEUTRAL | NEUTRAL | The long term trend for ANGX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANGX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ANGX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ANGX is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 59.98 | NEUTRAL | The RSI value for ANGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ANGX has a positive trend. |
| Stochastics (14,3) | 93.47 | OVERBOUGHT | The high Stochastics value suggests ANGX may be overbought. |
| Average True Range in percent/ATR (20) | 8.05 | HIGH VOLATILITY | The high ATR as a percentage value for ANGX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for ANGX suggests a possible start of a new trend. |
4.2
+0.06 (+1.45%)
ANGEL STUDIOS INC / ANGX FAQ
What is the technical rating for ANGX stock?
ChartMill assigns a technical rating of 3 / 10 to ANGX.
Can you provide the trend direction for ANGEL STUDIOS INC?
The current trend direction for ANGEL STUDIOS INC (ANGX) is Bearish.
What is the RSI signal for ANGX stock?
ANGEL STUDIOS INC (ANGX) has an RSI value of 59.9774. This indicates that the stock is currently neutral.
What is the support and resistance level for ANGX stock?
ANGEL STUDIOS INC (ANGX) has a support level at 3.39 and a resistance level at 4.21. Check the full technical report for our detailed analysis of ANGX support and resistance levels.