GLOBAL X MSCI ARGENTINA ETF (ARGT) Stock Technical Analysis
NYSEARCA:ARGT - NYSE Arca - US37950E2596 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to ARGT. Both in the recent history as in the last year, ARGT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ARGT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ARGT over the past year are nicely spread over this period.
ARGT is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ARGT has a been trading in the 74.77 - 89.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARGT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
70.24
90.41
5 important support areas can be observed.
- Support @89.29 from a horizontal line in the daily time frame.
- A support zone ranging from 82.66 to 85.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.32 from a trend line in the weekly time frame.
- Support @72.36 from a trend line in the daily time frame.
- Support @70.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 89.51 to 89.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield2.21
10 Day High89.7
10 Day Low82.35
20 Day High89.7
20 Day Low74.77
52 Week High91.25
52 Week Low51.09
Performance
1 Week6.47%
2 Weeks3.32%
1 Month20.13%
3 Month4.99%
6 Month20.46%
12 Month43.68%
2 Year124.9%
3 Year190.16%
5 Year310.17%
10 Year325.99%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)63.47
LBB82.73
UBB89
89.5
+2.4 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.76%
1 Week6.47%
2 Weeks3.32%
1 Month20.13%
3 Month4.99%
6 Month20.46%
12 Month43.68%
2 Year124.9%
3 Year190.16%
5 Year310.17%
10 Year325.99%
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%2.96%
ATR Inc13.94%
Range Today2.01
ADR(20)2.34
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield2.21
10 Day High89.7
10 Day Low82.35
20 Day High89.7
20 Day Low74.77
52 Week High91.25
52 Week Low51.09
CS1 End89.29
CR1 Start89.51
Volume & EV
DER(3)5.02%
DER(5)6.46%
Volume1.05M
Volume Incr55.91%
Vol(5)502.68K
Vol(50)347.54K