Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Tuesday June 25, 2019 Change 0.79% Price £63.70
Chart period: 2019-03-26 - 2019-06-25
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will AGR.L stock price go up or down on Wed, 26 Jun 2019?

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AGERE SYSTEMS INC Forecast and Stock Analysis

Technical AGR.L stock analysis for Tuesday June 25, 2019.

Buy candidate since 2019-06-10 Loss -0.47%


AGERE SYSTEMS INC gained 0.79% in the last trading day ( Tuesday, 25th Jun 2019 ), rising from £63.20 to £63.70 During day the stock fluctuated 1.11% from a day low at £63.10 to a day high of £63.80. The price has fallen in 6 of the last 10 days and is down by -0.93% for this period. Volume fell in the last day by -0.26 million shares, and in total, 2.85 million shares bought and sold for approximately £181.50 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the AGR.L stock price was £65.50 and low was £63.00.
  • 90 day high was £65.50 and low was £56.60.
  • 52 week high for the AGERE SYSTEMS INC - £65.50 and low - £0.54.

Trend

AGERE SYSTEMS INC lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £63.35 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 15.9% during the next 3 months and, with 90% probability hold a price between £73.42 and £77.91 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. AGERE SYSTEMS INC holds buy signals from both short- and long-term moving averages. In addition, 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 £63.63 and £62.73. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday June 24, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

The stock had a Golden Star Signal* on Monday January 21, 2019 in the medium-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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £57.60 and £57.10.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AGERE SYSTEMS INC finds support just below today's level at £57.60. If this is broken, then the next support from accumulated volume will be at £57.10 and £57.00.

Support: £57.60 Price: £63.70 Resistance: £63.80

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £0.70 (1.11%) between high and low. For the last week, the stock has had a daily average volatility of 1.51%.

Our recommended stoploss: £60.34 (-5.28%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

1.51 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate Upgraded
Weaker Buy Today AGR.L ranks #245 as BUY CANDIDATE #245 Stronger Buy

Will AGR.L stock price go up or down on Wed, 26 Jun 2019?

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