AGNC Investment Corp. Depositary Shares Stock Forecast
AGNC Investment Corp. Depositary Shares stock upgraded from Hold/Accumulate to Buy Candidate after Monday trading session.
(Updated on Jun 17, 2024)
The AGNC Investment Corp. Depositary Shares stock price gained 0.116% on the last trading day (Monday, 17th Jun 2024), rising from $25.80 to $25.83. During the last trading day the stock fluctuated 0.620% from a day low at $25.80 to a day high of $25.96. The price has fallen in 5 of the last 10 days and is down by -0.19% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 thousand more shares were traded than the day before. In total, 24 thousand shares were bought and sold for approximately $616.05 thousand.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect AGNC Investment Corp. Depositary Shares stock with a 90% probability to be traded between $25.71 and $26.46 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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AGNCN Signals & Forecast
The AGNC Investment Corp. Depositary Shares stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $25.88. On a fall, the stock will find some support from the long-term average at approximately $25.73. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). AGNC Investment Corp. Depositary Shares has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -0.654%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Tuesday, April 23, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, April 23, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for AGNC Investment Corp. Depositary Shares stock
AGNC Investment Corp. Depositary Shares finds support from accumulated volume at $25.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.160 between high and low, or 0.620%. For the last week the stock has had daily average volatility of 0.569%.
Our recommended stop-loss: $24.76 (-4.14%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 40 days ago.)
Trading Expectations (AGNCN) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect AGNC Investment Corp. Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Preferre to open at $25.86, and during the day (based on 14 day Average True Range), to move between $25.67 and $25.99, which gives a possible trading interval of +/-$0.157 (+/-0.61%) up or down from last closing price. If AGNC Investment Corp. Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Preferre takes out the full calculated possible swing range there will be an estimated 1.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.85 (0.08%) than the support at $25.51 (1.24%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is AGNC Investment Corp. Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Preferre stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for AGNC Investment Corp. Depositary Shares stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.839 Buy Candidate Upgraded
Predicted Opening Price for AGNC Investment Corp. Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Preferre of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $25.86 ( 0.129%) | $25.83 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AGNCN
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.02 | 0.748% |
| R2 | 25.96 | 0.512% |
| R1 | 25.92 | 0.366% |
| Price | 25.83 | |
| S1 | 25.80 | -0.108% |
| S2 | 25.76 | -0.254% |
| S3 | 25.70 | -0.490% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.00 | 0.658% |
| R2 | 25.88 | 0.194% |
| R1 | 25.85 | 0.0774% |
| Price | 25.83 | |
| S1 | 25.51 | -1.24% |
| S2 | 25.45 | -1.47% |
| S3 | 25.13 | -2.71% |
AGNCN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.675 | 2.68% |
| 2 | Dec 13, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.688 | 2.71% |
| 3 | Sep 13, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.668 | 2.67% |
| 4 | Jun 12, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.648 | 2.54% |
| 5 | Mar 10, 2023 | Mar 30, 2023 | Apr 17, 2023 | $0.621 | 2.55% |
FAQ
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