Adecoagro Technical Analysis (NYSE:AGRO)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The AGRO stock chart pattern can give those who understand technical analysis an indication of which way AGRO stock is headed, but cannot predict with 100% certainty as to what can happen to the Adecoagro stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Adecoagro. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Adecoagro stock analysis.
Adecoagro Moving Average
Moving averages show the AGRO stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.63 is below the price of $7.78.
Adecoagro Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AGRO stock. The stock price is trading between the average and the upper band in the context of Adecoagro bollinger bands.
Adecoagro Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Adecoagro MACD indicator is below 0 indicating a bearish trend.
Adecoagro Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 44.98 is the RSI value of AGRO stock.