Logo image of ARGX

ARGENX SE - ADR (ARGX) Stock Technical Analysis

NASDAQ:ARGX - Nasdaq - US04016X1019 - ADR - Currency: USD

648.93  +1.44 (+0.22%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ARGX. Both in the recent history as in the last year, ARGX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ARGX is one of the better performing stocks in the market, outperforming 89% of all stocks.
ARGX is part of the Biotechnology industry. There are 571 other stocks in this industry. ARGX outperforms 87% of them.
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 632.15 - 672.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
ARGENX SE - ADR / ARGX Weekly stock chart
ARGENX SE - ADR / ARGX Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ARGX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 670.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 645.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

610.00

678.47

We found 2 important support areas.

  • A support zone ranging from 629.23 to 645.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @616.16 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 670.40 to 671.75. This zone is formed by a combination of multiple trend lines 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
CRS89.87
Mansfield1.81
10 Day High666.2
10 Day Low632.15
20 Day High672.4
20 Day Low632.15
52 Week High678.21
52 Week Low349.86
Performance
1 Week-0.25%
2 Weeks-3.61%
1 Month1.2%
3 Month6.86%
6 Month25.32%
12 Month58.11%
2 Year76.9%
3 Year125.05%
5 Year357.98%
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)-2.25
RSI(14)50.93
LBB630.94
UBB667.53
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
671.76632.1439.62 (5.90%)16.95%
An entry @671.76. This is a Buy Stop order right above the resistance zone.An exit @632.14. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 39.62 points, which is 5.90%.When investing 16.95% 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.
ARGENX SE - ADR / ARGX Daily stock chart

ARGENX SE - ADR

NASDAQ:ARGX (2/21/2025, 12:45:58 PM)

648.93

+1.44 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.22%
1 Week-0.25%
2 Weeks-3.61%
1 Month1.2%
3 Month6.86%
6 Month25.32%
12 Month58.11%
2 Year76.9%
3 Year125.05%
5 Year357.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.46
ATR(20)%2.32%
ATR Inc-33.98%
Range Today8.29
ADR(20)14.09
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.87
Mansfield1.81
10 Day High666.2
10 Day Low632.15
20 Day High672.4
20 Day Low632.15
52 Week High678.21
52 Week Low349.86
CS1 End645.36
CR1 Start670.4
Volume & EV
DER(3)-1.81%
DER(5)-1.15%
Volume110.61K
Volume Incr-10.27%
Vol(5)236.66K
Vol(50)251.37K