GLOBAL X MSCI ARGENTINA ETF (ARGT) Stock Technical Analysis
USA - NYSEARCA:ARGT - US37950E2596 - ETF
71.12 USD
-2.6 (-3.53%)
Taking everything into account, ARGT scores 1 out of 10 in our technical rating. ARGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
71% of all other stocks performed better in the past year than ARGT.
ARGT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ARGT has a been trading in the 66.49 - 78.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ARGT has a poor technical rating and the quality of the setup is also not perfect 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
66.87
80.87
When analyzing the support we notice one important area.
- A support zone ranging from 67.55 to 68.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.84 to 77.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.07 from a trend line in the daily 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 ARGT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARGT is neutral. |
| ChartMill Relative Strength | 29.58 | NEGATIVE | ARGT has a low relative strength, it was outperformed by 70.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARGT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for ARGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ARGT has a positive trend. |
| Stochastics (14,3) | 32.33 | NEUTRAL | The Stochastics value for ARGT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ARGT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for ARGT suggests a possible start of a new 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)
NYSEARCA:ARGT (10/10/2025, 1:42:39 PM)
71.12
-2.6 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.53%
1 Week7.15%
2 Weeks-0.54%
1 Month0.52%
3 Month-8.37%
6 Month-7.05%
12 Month3.19%
2 Year91.78%
3 Year137.04%
5 Year213.3%
10 Year269.34%
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%3.24%
ATR Inc31.28%
Range Today3.92
ADR(20)2.16
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.58
Mansfield-2.02
10 Day High75.63
10 Day Low66.49
20 Day High78.74
20 Day Low66.49
52 Week High95.87
52 Week Low66.49
CS1 End68.51
CR1 Start75.84
Volume & EV
DER(3)3.72%
DER(5)3.64%
Volume601.20K
Volume Incr-2.81%
Vol(5)665.53K
Vol(50)455.28K