AGORA INC-ADR (API) Stock Technical Analysis
NASDAQ:API - Nasdaq - US00851L1035 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to API. API has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month API has a been trading in the 3.13 - 3.83 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, API did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
API is part of the Software industry. There are 282 other stocks in this industry, API did better than 63% of them.
API is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so API is lagging the market slightly.
API has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- 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
2.71
6.22
2 important support areas can be observed.
- Support @3.27 from a horizontal line in the daily time frame.
- A support zone ranging from 2.74 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.80 to 3.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.16 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 | DOWN | NEGATIVE | The long term trend for API is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for API is neutral. |
| ChartMill Relative Strength | 77.26 | POSITIVE | API has a high relative strength, it outperformed 77.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of API is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of API is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of API is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.61 | NEUTRAL | The RSI value for API is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests API has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.51 | OVERBOUGHT | The high Stochastics value suggests API may be overbought. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for API suggests high volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for API suggests a weak or negative trend. |
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)
3.72
-0.07 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.85%
1 Week5.68%
2 Weeks5.08%
1 Month13.41%
3 Month-34.28%
6 Month-27.91%
12 Month51.22%
2 Year35.77%
3 Year-38.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%5.54%
ATR Inc72.29%
Range Today0.42
ADR(20)0.19
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.26
Mansfield-0.1
10 Day High3.83
10 Day Low3.32
20 Day High3.83
20 Day Low3.13
52 Week High6.99
52 Week Low1.65
CS1 End3.27
CR1 Start3.8
Volume & EV
DER(3)-0.89%
DER(5)-0.48%
Volume906.80K
Volume Incr5.91%
Vol(5)654.26K
Vol(50)752.83K