Bullish vs. Bearish (7 opinions)
Social Sentiment 0.14
AGEN Forecast and Technical Stock Analysis
Sell candidate since 2019-07-17 Loss -2.77%
Agenus Inc. fell by -2.77% in the last day ( Friday, 19th Jul 2019 ) from $2.53 to $2.46 During the day the stock fluctuated 5.91% from a day low at $2.45 to a day high of $2.59. The price has fallen in 5 of the last 10 days and is down by -8.55% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -84 467 shares and in total 826 970 shares bought and sold for approximately $2.03 million.
- 30 day high of the AGEN stock price was $3.10 and low was $2.45.
- 90 day high was $3.10 and low was $2.45.
- 52 week high for Agenus Inc. - $3.88 and low - $1.54.
Agenus Inc. has broken the wide and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $2.55 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.
There are few to none technical positive signals at the moment. Agenus Inc. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $2.58 and $2.76. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday July 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 14 and the stock is extremely oversold on RSI14, but some stocks may continue to fall despite the high chance of a correction up. The low RSI lowers the general risk and the stock should be considered if other technical requirements like liquidity and risk-reward are meet.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.14 between high and low, or 5.91%. For the last week, the stock has had a daily average volatility of 5.08%.
Agenus Inc. is oversold on RSI14 (14). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buying opportunity.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.08 %Average volatility
Very Low Low Medium High Very High
|AGEN $2.46 ($-0.07 -2.77%)|
AGEN is down $0.07 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for AGEN based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the AGEN analysis is free »
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now