NYSEARCA:AGQ - NYSE Arca - US74347W3530 - ETF - Currency: USD
Overall AGQ gets a technical rating of 4 out of 10. In the last year, AGQ was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, AGQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 40.77, a Stop Loss order could be placed below this zone.
31.80
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
40.78
-1.51 (-3.57%)