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.
See Adecoagro bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Adecoagro stock analysis that does not care for the fair value of a company but uses price and volume data only.
Adecoagro Moving Average
Moving averages show the average price of AGRO stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Adecoagro are mostly signals of long term trends and will help long term traders.
Adecoagro Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Adecoagro. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $9.21 is in the lower range of Adecoagro bollinger bands.
Adecoagro Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Adecoagro MACD indicator is below 0 indicating a bearish trend.
Adecoagro Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.21 is the RSI value of AGRO stock.