PowerShares Global Agriculture ETF (PAGG) Technical Analysis
NASDAQ:PAGG
Current stock price
PAGG Technical Rating and Analysis
Taking everything into account, PAGG scores 2 out of 10 in our technical rating. In the past year, PAGG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, PAGG is a bad performer in the overall market: 70% of all stocks are doing better.
- Warning: PAGG has an average volume of 5504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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.
- PAGG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAGG is lagging the market slightly.
- In the last month PAGG has a been trading in a tight range between 24.94 and 25.79.
- Considerably lower volume is observed in the last couple of days.
PAGG Weekly and Daily overview Charts
PAGG Setup Rating and Analysis
PAGG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
PAGG Support and Resistance Analysis
24.73
We found 1 important support area.
- A support zone ranging from 24.98 to 25.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.38 to 25.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.24 to 27.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
PAGG 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 PAGG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAGG is up. |
| ChartMill Relative Strength | 30.48 | NEUTRAL | PAGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PAGG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAGG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for PAGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PAGG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.53 | NEUTRAL | The Stochastics value for PAGG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for PAGG suggests low volalility. |
PAGG Chart- and CandleStick Pattern Analysis
PAGG Technicals: Chart, Performance Metrics, Trend & Indicators
PowerShares Global Agriculture ETF
NASDAQ:PAGG (2/15/2019, 8:20:27 PM)
25.36
-0.01 (-0.04%)
PowerShares Global Agriculture ETF / PAGG TA FAQ
Can you provide the ChartMill technical rating for PowerShares Global Agriculture ETF?
ChartMill assigns a technical rating of 2 / 10 to PAGG.
What is the current trend direction of PowerShares Global Agriculture ETF (PAGG) stock?
The current trend direction for PowerShares Global Agriculture ETF (PAGG) is Bearish.
Can you provide the RSI signal for PowerShares Global Agriculture ETF?
PowerShares Global Agriculture ETF (PAGG) has an RSI value of 53.0396. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PowerShares Global Agriculture ETF?
The short term momentum for PowerShares Global Agriculture ETF (PAGG) is positive.
What is the buy/sell signal for PAGG stock?
The buy/sell signal for PowerShares Global Agriculture ETF (PAGG) is hold as the short term and long term trends are mixed.