AUGMEDIX INC (AUGX) Technical Analysis
NASDAQ:AUGX • US05105P1075
Current stock price
AUGX Technical Rating and Analysis
Overall AUGX gets a technical rating of 6 out of 10. Although AUGX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- AUGX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AUGX is lagging the market.
- AUGX is one of the better performing stocks in the Health Care Technology industry, it outperforms 97% of 35 stocks in the same industry.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, AUGX did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AUGX has a been trading in a tight range between 2.31 and 2.35.
- Considerably lower volume is observed in the last couple of days.
AUGX Weekly and Daily overview Charts
AUGX Setup Rating and Analysis
AUGX has an average technical rating and also the quality of the setup is 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
AUGX Support and Resistance Analysis
2.18
We found 2 important support areas.
- A support zone ranging from 2.30 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.20 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.36 to 2.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
AUGX Technical Indicator Signal Analysis
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 AUGX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUGX is up. |
| ChartMill Relative Strength | 90.44 | POSITIVE | AUGX has a high relative strength, it outperformed 90.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AUGX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AUGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.05 | OVERBOUGHT | The high RSI value suggests AUGX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AUGX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests AUGX may be overbought. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for AUGX suggests low volalility. |
| Average Directional Index/ADX (14) | 66.75 | POSITIVE | The high ADX value value for AUGX suggests a strong trend. |
AUGX Chart- and CandleStick Pattern Analysis
AUGX Example Setup
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 |
|---|---|---|---|
| 2.37 | 2.32 | 0.05 (2.11%) | 25.00% |
| An entry @2.37. This is a Buy Stop order right above the resistance zone. | An exit @2.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 2.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- 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.
AUGX Technicals: Chart, Performance Metrics, Trend & Indicators
2.35
0 (0%)
AUGMEDIX INC / AUGX TA FAQ
Can you provide the ChartMill technical rating for AUGMEDIX INC?
ChartMill assigns a technical rating of 6 / 10 to AUGX.
What is the current trend direction of AUGMEDIX INC (AUGX) stock?
The current trend direction for AUGMEDIX INC (AUGX) is Bearish.
What is the RSI signal for AUGMEDIX INC (AUGX) stock?
AUGMEDIX INC (AUGX) has an RSI value of 74.0539. This indicates that the stock is currently overbought.
What is the buy/sell signal for AUGX stock?
The buy/sell signal for AUGMEDIX INC (AUGX) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for AUGMEDIX INC (AUGX) stock?
AUGMEDIX INC (AUGX) has a support level at 2.34 and a resistance level at 2.36. Check the full technical report for our detailed analysis of AUGX support and resistance levels.