American Capital Agency Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
American Capital Agency stock price ended at $9.24 on Thursday, after losing 1.28%.
(Updated on Apr 25, 2024)
The American Capital Agency stock price fell by -1.28% on the last day (Thursday, 25th Apr 2024) from $9.36 to $9.24. During the last trading day the stock fluctuated 1.75% from a day low at $9.16 to a day high of $9.32. The price has been going up and down for this period, and there has been a -1.6% loss for the last 2 weeks. Volume has increased on the last day by 7 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 19 million shares were bought and sold for approximately $173.47 million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect American Capital Agency stock with a 90% probability to be traded between $8.80 and $9.69 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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AGNC Signals & Forecast
There are mixed signals in the stock today. The American Capital Agency stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $9.56. On a fall, the stock will find some support from the short-term average at $9.20. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 3.12%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for American Capital Agency stock
American Capital Agency finds support from accumulated volume at $9.21 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.160 between high and low, or 1.75%. For the last week, the stock has had daily average volatility of 2.01%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AGNC) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect American Capital Agency Corp. to open at $9.24, and during the day (based on 14 day Average True Range), to move between $9.06 and $9.42, which gives a possible trading interval of +/-$0.179 (+/-1.94%) up or down from last closing price. If American Capital Agency Corp. takes out the full calculated possible swing range there will be an estimated 3.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $9.21 (0.32%) than the resistance at $9.32 (0.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is American Capital Agency Corp. stock A Buy?
American Capital Agency holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.324 Sell Candidate Unchanged
Predicted Opening Price for American Capital Agency Corp. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| $9.24 ( 0%) | $9.24 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AGNC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.40 | 1.73 % | |
| R2 | 9.34 | 1.07 % | ||
| R1 | 9.30 | 0.661 % | ||
| Current price: | 9.24 | |||
| Support | S1 | 9.18 | -0.661 % | |
| S2 | 9.14 | -1.07 % | ||
| S3 | 9.08 | -1.73 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.48 | 2.60 % | |
| R2 | 9.39 | 1.62 % | ||
| R1 | 9.32 | 0.87 % | ||
| Current price | 9.24 | |||
| Support | S1 | 9.21 | -0.325% | |
| S2 | 9.13 | -1.19% | ||
| S3 | 8.96 | -3.03% |
AGNC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 09, 2024 | $0.120 | 1.30% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Apr 09, 2024 | $0.120 | 1.23% |
| 3 | Feb 08, 2024 | Feb 28, 2024 | Mar 11, 2024 | $0.120 | 1.22% |
| 4 | Jan 10, 2024 | Jan 30, 2024 | Feb 09, 2024 | $0.120 | 1.27% |
| 5 | Dec 13, 2023 | Dec 28, 2023 | Jan 10, 2024 | $0.120 | 1.21% |
FAQ
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