GLOBAL X MSCI ARGENTINA ETF (ARGT) Stock Technical Analysis
NYSEARCA:ARGT - NYSE Arca - US37950E2596 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to ARGT. Both in the recent history as in the last year, ARGT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ARGT did better than 92% of all other stocks. On top of that, ARGT also shows a nice and consistent pattern of rising prices.
ARGT 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 ARGT has a been trading in the 81.83 - 90.45 range, which is quite wide. It is currently trading near the high of this range.
ARGT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.84, a Stop Loss order could be placed below this zone.
More info and screens
62.08
90.18
We found 3 important support areas.
- A support zone ranging from 80.96 to 85.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.59 from a trend line in the weekly time frame.
- Support @62.71 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 88.28 to 89.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.53
Mansfield1.99
10 Day High90.45
10 Day Low81.83
20 Day High90.45
20 Day Low81.83
52 Week High91.25
52 Week Low48.8
Performance
1 Week1.58%
2 Weeks-1.32%
1 Month0.39%
3 Month5.01%
6 Month38.82%
12 Month71.68%
2 Year118.58%
3 Year168.38%
5 Year278.63%
10 Year332.37%
15 YearN/A
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)0.09
RSI(14)53.53
LBB83.23
UBB88.02
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 |
|---|---|---|---|
| 89.30 | 81.82 | 7.48 (8.38%) | 11.94% |
| An entry @89.30. This is a Buy Stop order right above the resistance zone. | An exit @81.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.48 points, which is 8.38%. | When investing 11.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
86.82
-0.3 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.34%
1 Week1.58%
2 Weeks-1.32%
1 Month0.39%
3 Month5.01%
6 Month38.82%
12 Month71.68%
2 Year118.58%
3 Year168.38%
5 Year278.63%
10 Year332.37%
15 YearN/A
Volatility
ATR(14)2.5
ATR(20)%2.93%
ATR Inc37.87%
Range Today3.85
ADR(20)2.31
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.53
Mansfield1.99
10 Day High90.45
10 Day Low81.83
20 Day High90.45
20 Day Low81.83
52 Week High91.25
52 Week Low48.8
CS1 End85.84
CR1 Start88.28
Volume & EV
DER(3)-1.01%
DER(5)-1.07%
Volume892.50K
Volume Incr16.68%
Vol(5)490.66K
Vol(50)482.66K