GLOBAL X MSCI ARGENTINA ETF (ARGT) Stock Technical Analysis
USA - NYSEARCA:ARGT - US37950E2596 - ETF
70.97 USD
-1.47 (-2.03%)
Taking everything into account, ARGT scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
80% 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 70.94 - 83.30 range, which is quite wide. It is currently trading near the lows of this range.
ARGT has a poor technical rating and the quality of the setup is also only medium 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
69.60
83.22
We found 1 important support area.
- Support @70.30 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 71.37 to 72.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 79.81 to 80.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @82.40 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 | DOWN | NEGATIVE | The short term trend for ARGT is down. |
| ChartMill Relative Strength | 20.87 | NEGATIVE | ARGT has a low relative strength, it was outperformed by 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARGT is below a declining 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) | 36.03 | NEUTRAL | The RSI value for ARGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests ARGT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.67 | OVERSOLD | The low Stochastics value suggests ARGT may be oversold. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ARGT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for ARGT suggests a strong 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 (9/18/2025, 11:25:36 AM)
70.97
-1.47 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.03%
1 Week-2.19%
2 Weeks-6.89%
1 Month-11.23%
3 Month-14.5%
6 Month-14.37%
12 Month4.4%
2 Year75.48%
3 Year150.83%
5 Year211.04%
10 Year354.17%
15 YearN/A
Volatility
ATR(14)2.54
ATR(20)%3.2%
ATR Inc-28.53%
Range Today1.32
ADR(20)1.88
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.87
Mansfield-2.06
10 Day High80.7
10 Day Low70.94
20 Day High83.3
20 Day Low70.94
52 Week High95.87
52 Week Low65.45
CS1 End71.37
CR1 Start79.81
Volume & EV
DER(3)-5.99%
DER(5)-10.44%
Volume132.66K
Volume Incr24.25%
Vol(5)363.90K
Vol(50)310.84K