Taking everything into account, API scores 2 out of 10 in our technical rating. API scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
API has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
3.20
We found 2 important support areas.
We can see 2 important resistance areas.
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 API is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for API is neutral. |
| ChartMill Relative Strength | 21.4 | NEGATIVE | API has a low relative strength, it was outperformed by 78.6% 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 | NEGATIVE | The current price of API is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of API is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.66 | NEUTRAL | The RSI value for API is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests API has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.37 | NEUTRAL | The Stochastics value for API is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for API suggests some volalility. |
| Average Directional Index/ADX (14) | 25.76 | POSITIVE | The high ADX value value for API suggests a strong trend. |
3.61
+0.07 (+1.98%)
ChartMill assigns a technical rating of 2 / 10 to API.
The current trend direction for AGORA INC-ADR (API) is Bearish.
AGORA INC-ADR (API) has an RSI value of 53.6622. This indicates that the stock is currently neutral.
The MACD indicator for AGORA INC-ADR (API) has a value of 0.0330911, indicating a bearish trend.