NYSEARCA:AGQ - NYSE Arca - US74347W3530 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to AGQ. 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.
AGQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 39.73, a Stop Loss order could be placed below this zone.
32.37
We found 5 important support areas.
We can see 2 important resistance areas.
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 |
---|---|---|---|
42.50 | 39.03 | 3.47 (8.16%) | 12.25% |
An entry @42.50. This is a Buy Stop order right above the resistance zone. | An exit @39.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.47 points, which is 8.16%. | For a 1.00% total portfolio risk, you can invest 12.25% of your capital in this trade. |
41.49
-0.57 (-1.36%)