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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AGR.L
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Red day on Monday for AGERE SYSTEMS INC stock after losing 0%
(Updated on Mar 18, 2024)

Sell candidate since Mar 11, 2024 Loss -0.57% PDF

No changes to the price of AGERE SYSTEMS INC stock on the last trading day (Monday, 18th Mar 2024). During the last trading day the stock fluctuated 3.21% from a day low at £40.48 to a day high of £41.78. The price has fallen in 6 of the last 10 days and is down by -2.21% for this period.

The stock lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.39% during the next 3 months and, with a 90% probability hold a price between £34.11 and £35.54 at the end of this 3-month period. 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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AGR.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 2.32%. 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. The AGERE SYSTEMS INC 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 £42.36. On a fall, the stock will find some support from the short-term average at £41.39. 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. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for AGERE SYSTEMS INC stock

AGERE SYSTEMS INC finds support from accumulated volume at £41.40 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 £1.30 between high and low, or 3.21%. For the last week the stock has had daily average volatility of 3.32%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AGR.L) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect AGERE SYSTEMS INC to open at £41.25, and during the day (based on 14 day Average True Range), to move between £40.23 and £42.77, which gives a possible trading interval of +/-£1.27 (+/-3.07%) up or down from last closing price. If AGERE SYSTEMS INC takes out the full calculated possible swing range there will be an estimated 6.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £41.58 (0.19%) than the support at £41.40 (0.24%), 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 AGERE SYSTEMS INC stock A Buy?

AGERE SYSTEMS INC 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: -1.337 Sell Candidate Unchanged

Predicted Opening Price for AGERE SYSTEMS INC of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
£41.25 ( 0.594%) £41.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AGR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 42.55 2.54 %
R2 42.06 1.34 %
R1 41.75 0.602 %
Current price: 41.50
Support S1 40.76 -1.79 %
S2 40.45 -2.53 %
S3 39.95 -3.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 42.08 1.40 %
R2 41.90 0.96 %
R1 41.58 0.193 %
Current price 41.50
Support S1 41.40 -0.241%
S2 41.26 -0.578%
S3 40.96 -1.30%

AGR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 07, 2024 Apr 10, 2024 £0.82 1.98%
2 Dec 07, 2023 Dec 07, 2023 Dec 07, 2023 £0 0%
3 Jun 07, 2023 Jun 07, 2023 Jun 07, 2023 £0.82 1.63%
4 Mar 02, 2023 Mar 09, 2023 Apr 12, 2023 £0.780 1.49%
5 Dec 01, 2022 Dec 08, 2022 Jan 11, 2023 £0.780 1.37%

FAQ

What is the symbol for AGERE SYSTEMS INC Stock and on which exchange is it traded?
The symbol for AGERE SYSTEMS INC is AGR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell AGERE SYSTEMS INC Stock?
AGERE SYSTEMS INC 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.

How to buy AGERE SYSTEMS INC Stock?
AGERE SYSTEMS INC Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AGERE SYSTEMS INC Stock.

What's the current price of AGERE SYSTEMS INC Stock?
As of the end of day on the 2024-03-18, the price of an AGERE SYSTEMS INC (AGR.L) share was £41.50.

What is the 52-week high and low for AGERE SYSTEMS INC Stock?
The 52-week high for AGERE SYSTEMS INC Stock is £53.00 and the 52-week low is £38.38.

What is the market capitalization of AGERE SYSTEMS INC Stock?
As of the 2024-03-18, the market capitalization of AGERE SYSTEMS INC is 1.239B.

When is the next earnings date for AGERE SYSTEMS INC?
The upcoming earnings date for AGERE SYSTEMS INC is May 21, 2024.
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About AGERE SYSTEMS INC

AGERE SYSTEMS INC Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create outstanding spaces for health services in our communities. At 30 September 2020, Assura's property portfolio was valued at £2,259 million.... AGR.L Profile

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