ARGAN INC (AGX) Stock Technical Analysis
NYSE:AGX - New York Stock Exchange, Inc. - US04010E1091 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to AGX. Although AGX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AGX has a been trading in the 107.04 - 168.26 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, AGX did better than 96% of all other stocks. On top of that, AGX also shows a nice and consistent pattern of rising prices.
AGX is one of the better performing stocks in the Construction & Engineering industry, it outperforms 95% of 47 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AGX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
AGX has an average technical rating and it also does not offer a high quality setup 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
112.65
126.82
When analyzing the support we notice one important area.
- A support zone ranging from 113.79 to 113.79. 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 123.40 to 125.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.49
Mansfield0.99
10 Day High135.36
10 Day Low107.04
20 Day High168.26
20 Day Low107.04
52 Week High191.46
52 Week Low47.42
Performance
1 Week-12.71%
2 Weeks-14.84%
1 Month-29.81%
3 Month-22.65%
6 Month26.49%
12 Month130.97%
2 Year181.2%
3 Year180.37%
5 Year229.19%
10 Year214.63%
15 Year775.39%
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)
Technical Indicators
MACD(12,26,9)-1.86
RSI(14)33.63
LBB109.79
UBB147.86
113.8
-2.48 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.13%
1 Week-12.71%
2 Weeks-14.84%
1 Month-29.81%
3 Month-22.65%
6 Month26.49%
12 Month130.97%
2 Year181.2%
3 Year180.37%
5 Year229.19%
10 Year214.63%
15 Year775.39%
Volatility
ATR(14)9.67
ATR(20)%7.99%
ATR Inc17.47%
Range Today10.26
ADR(20)8.62
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.49
Mansfield0.99
10 Day High135.36
10 Day Low107.04
20 Day High168.26
20 Day Low107.04
52 Week High191.46
52 Week Low47.42
CS1 End113.79
CR1 Start123.4
Volume & EV
DER(3)-1.58%
DER(5)-0.91%
Volume474.10K
Volume Incr-11.45%
Vol(5)381.42K
Vol(50)425.49K