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
Stronger technical forecast for American Capital Agency stock price after Wednesday trading.
(Updated on Mar 27, 2024)
The American Capital Agency stock price gained 0.513% on the last trading day (Wednesday, 27th Mar 2024), rising from $9.74 to $9.79. During the last trading day the stock fluctuated 1.53% from a day low at $9.65 to a day high of $9.80. The price has been going up and down for this period, and there has been a -0.71% loss for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 7 million shares were bought and sold for approximately $68.55 million. 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 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 $9.04 and $9.84 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. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -0.710%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The American Capital Agency 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 $9.76 and $9.58. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for American Capital Agency stock
American Capital Agency finds support from accumulated volume at $9.50 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 $0.148 between high and low, or 1.53%. For the last week the stock has had daily average volatility of 1.38%.
Our recommended stop-loss: $9.44 (-3.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (AGNC) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect American Capital Agency Corp. to open at $9.75, and during the day (based on 14 day Average True Range), to move between $9.63 and $9.95, which gives a possible trading interval of +/-$0.159 (+/-1.62%) 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 3.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $9.81 (0.20%) than the support at $9.50 (2.96%), 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 American Capital Agency Corp. stock A Buy?
American Capital Agency holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.760 Hold/Accumulate Upgraded
Predicted Opening Price for American Capital Agency Corp. of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$9.75 ( 0.436%) | $9.79 |
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 | 9.90 | 1.08 % | |
R2 | 9.84 | 0.498 % | ||
R1 | 9.80 | 0.142 % | ||
Current price: | 9.79 | |||
Support | S1 | 9.69 | -1.01 % | |
S2 | 9.66 | -1.37 % | ||
S3 | 9.60 | -1.95 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 9.86 | 0.715 % | |
R2 | 9.82 | 0.306 % | ||
R1 | 9.81 | 0.204 % | ||
Current price | 9.79 | |||
Support | S1 | 9.50 | -2.96% | |
S2 | 9.48 | -3.17% | ||
S3 | 9.39 | -4.09% |
AGNC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 27, 2024 | Mar 27, 2024 | Apr 09, 2024 | $0.120 | 1.23% |
2 | Feb 08, 2024 | Feb 28, 2024 | Mar 11, 2024 | $0.120 | 1.22% |
3 | Jan 10, 2024 | Jan 30, 2024 | Feb 09, 2024 | $0.120 | 1.27% |
4 | Dec 13, 2023 | Dec 28, 2023 | Jan 10, 2024 | $0.120 | 1.21% |
5 | Nov 08, 2023 | Nov 29, 2023 | Dec 11, 2023 | $0.120 | 1.35% |
FAQ
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