AGNC Investment Corp. Depositary Shares Stock Forecast
AGNC Investment Corp. Depositary Shares stock upgraded from Sell Candidate to Buy Candidate after Friday trading session.
(Updated on May 03, 2024)
The AGNC Investment Corp. Depositary Shares stock price gained 0.353% on the last trading day (Friday, 3rd May 2024), rising from $25.51 to $25.60. During the last trading day the stock fluctuated 0.588% from a day low at $25.50 to a day high of $25.65. The price has risen in 7 of the last 10 days and is up by 2.03% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 32 thousand shares were bought and sold for approximately $831.33 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 $24.67 and $25.39 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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AGNCN Signals & Forecast
The AGNC Investment Corp. Depositary Shares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $25.53 and $25.49. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.03%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.150 between high and low, or 0.588%. For the last week the stock has had daily average volatility of 0.739%
Our recommended stop-loss: $24.41 (-4.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (AGNCN) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th 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 $25.58, and during the day (based on 14 day Average True Range), to move between $25.42 and $25.78, which gives a possible trading interval of +/-$0.176 (+/-0.69%) 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 1.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.68 (0.31%) than the support at $25.51 (0.35%), 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 Sell to a Buy candidate.
Current score: 1.519 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 Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $25.58 ( 0.0651%) | $25.60 |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 25.73 | 0.521 % | |
| R2 | 25.68 | 0.297 % | ||
| R1 | 25.64 | 0.159 % | ||
| Current price: | 25.60 | |||
| Support | S1 | 25.53 | -0.289 % | |
| S2 | 25.49 | -0.427 % | ||
| S3 | 25.43 | -0.651 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 25.76 | 0.625 % | |
| R2 | 25.70 | 0.391 % | ||
| R1 | 25.68 | 0.312 % | ||
| Current price | 25.60 | |||
| Support | S1 | 25.51 | -0.352% | |
| S2 | 25.45 | -0.588% | ||
| S3 | 25.13 | -1.84% |
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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