ARGUS CAPITAL CORP-CL A (ARGU) Stock Technical Analysis
USA - NASDAQ:ARGU - US04026L1052 - Common Stock
10.26 USD
+0.01 (+0.1%)
Overall ARGU gets a technical rating of 8 out of 10. Both in the recent history as in the last year, ARGU has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month ARGU has a been trading in the 10.12 - 10.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ARGU did better than 79% of all other stocks.
ARGU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARGU is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ARGU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.25, a Stop Loss order could be placed below this zone.
More info and screens
9.76
10.38
We found 2 important support areas.
- A support zone ranging from 10.13 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.86 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.28 to 10.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ARGU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARGU is up. |
| ChartMill Relative Strength | 79.21 | POSITIVE | ARGU has a high relative strength, it outperformed 79.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARGU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARGU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.97 | NEUTRAL | The RSI value for ARGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARGU has a negative trend. |
| Stochastics (14,3) | 6.91 | OVERSOLD | The low Stochastics value suggests ARGU may be oversold. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for ARGU suggests low volalility. |
| Average Directional Index/ADX (14) | 74.75 | POSITIVE | The high ADX value value for ARGU 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.29 | 10.23 | 0.06 (0.58%) | 25.00% |
| An entry @10.29. This is a Buy Stop order right above the resistance zone. | An exit @10.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.58%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARGU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ARGU (12/20/2022, 8:14:56 PM)
10.26
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week0%
2 Weeks0.1%
1 Month1.48%
3 Month2.5%
6 Month2.91%
12 Month3.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.37%
ATR Inc-65.51%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.21
Mansfield1.07
10 Day High10.75
10 Day Low10.24
20 Day High10.75
20 Day Low10.12
52 Week High10.75
52 Week Low9.82
CS1 End10.25
CR1 Start10.28
Volume & EV
DER(3)-16.67%
DER(5)-9.53%
Volume700
Volume Incr-65.61%
Vol(5)61.04K
Vol(50)119.92K