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ARGENX SE - ADR (ARGX) Stock Technical Analysis

NASDAQ:ARGX - Nasdaq - US04016X1019 - ADR

640.52  -19.29 (-2.92%)

After market: 643.74 +3.22 (+0.5%)

Technical Rating and Analysis

10

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

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ARGX is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by ARGX over the past year are nicely spread over this period.
ARGX is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 572 stocks in the same industry.
ARGX 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 ARGX has a been trading in the 613.00 - 678.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ARGX Weekly chart
ARGX Daily chart
Setup Rating and Analysis

3

Although ARGX has an excellent technical rating, it does not present a decent entry opportunity 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

369.23

646.93

We found 3 important support areas.

  • A support zone ranging from 603.39 to 638.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @592.78 from a trend line in the daily time frame.
  • Support @372.96 from a trend line in the weekly 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
CRS91.18
Mansfield2.3
10 Day High678.21
10 Day Low620.16
20 Day High678.21
20 Day Low613
52 Week High678.21
52 Week Low349.86
Performance
1 Week-2.4%
2 Weeks3.28%
1 Month0.34%
3 Month13.37%
6 Month35.9%
12 Month74.58%
2 Year67.57%
3 Year137.88%
5 Year343.91%
10 YearN/A
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)0.44
RSI(14)52.9
LBB605.78
UBB680.47
ARGX Daily chart

ARGENX SE - ADR

NASDAQ:ARGX (1/17/2025, 8:00:00 PM)

After market: 643.74 +3.22 (+0.5%)

640.52

-19.29 (-2.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.92%
1 Week-2.4%
2 Weeks3.28%
1 Month0.34%
3 Month13.37%
6 Month35.9%
12 Month74.58%
2 Year67.57%
3 Year137.88%
5 Year343.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.41
ATR(20)%2.35%
ATR Inc5.36%
Range Today21.44
ADR(20)14.76
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.18
Mansfield2.3
10 Day High678.21
10 Day Low620.16
20 Day High678.21
20 Day Low613
52 Week High678.21
52 Week Low349.86
CS1 End638.41
CR1 StartN/A
Volume & EV
DER(3)0.22%
DER(5)0.01%
Volume485.30K
Volume Incr68.8%
Vol(5)400.38K
Vol(50)285.45K