ARGAN INC (AGX)

US04010E1091 - Common Stock

65.94  -0.38 (-0.57%)

After market: 65.94 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to AGX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AGX is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AGX did better than 93% of all other stocks.
AGX is one of the better performing stocks in the Construction & Engineering industry, it outperforms 78% of 43 stocks in the same industry.
AGX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AGX has a been trading in the 60.03 - 68.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AGX Weekly chart
AGX Daily chart
Setup Rating and Analysis

5

AGX has an excellent technical rating, but 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.

Support and Resistance Analysis

40.42

68.30

7 important support areas can be observed.

  • A support zone ranging from 60.26 to 60.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @51.43 from a trend line in the daily time frame.
  • A support zone ranging from 47.74 to 48.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @46.21 from a horizontal line in the daily time frame.
  • Support @44.66 from a trend line in the daily time frame.
  • Support @43.00 from a trend line in the weekly time frame.
  • Support @40.83 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @67.62 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.63
Mansfield2.55
10 Day High68.45
10 Day Low60.98
20 Day High68.45
20 Day Low60.03
52 Week High68.45
52 Week Low37.37
Performance
1 Week-0.87%
2 Weeks8.38%
1 Month6.49%
3 Month40.27%
6 Month43.85%
12 Month58.47%
2 Year64.89%
3 Year34.3%
5 Year43.57%
10 Year115.14%
15 Year365.35%
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)-0.14
RSI(14)66.37
LBB59.13
UBB70.36
AGX Daily chart

ARGAN INC

NYSE:AGX (5/17/2024, 7:04:00 PM)

After market: 65.94 0 (0%)

65.94

-0.38 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.57%
1 Week-0.87%
2 Weeks8.38%
1 Month6.49%
3 Month40.27%
6 Month43.85%
12 Month58.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.59
ATR(20)%2.27%
ATR Inc
Range Today1.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High68.45
10 Day Low60.98
20 Day High68.45
20 Day Low60.03
52 Week High68.45
52 Week Low37.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume61.20K
Volume Incr-14.08%
Vol(5)91.62K
Vol(50)92.14K