ARGX Technical Signal Analysis
ARGX have 1 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-02-25. The total price change during this trend is -7.00%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of ARGX over last 5 trading day is $226,263,123.37
1 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-144.17
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-51.72
Bearish
Momentum (10 days)
MOM_10 < 0
-43.49
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-15.42
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-144.17
Bullish
ARGX Support and Resistance Level
The support levels for ARGX are at 572.57, 553.4, and 522.37, while the resistance levels are at 634.63, 653.8, and 684.83. With the current stock price at 581.21, it is leaning more toward the support levels.
ARGX Technical Analysis
Technical Analysis of ARGX Stock
Price Overview:
- Current Price: 594.9000000000001
- Close: 594.21
- High: 612.4
- Low: 592.7
- Volume: 383610
Technical Indicators:
- RSI (14): 32.12 (Oversold territory)
- MACD: -8.56 (Bearish signal)
- Bollinger Bands: Price is near the lower band, suggesting potential oversold conditions
- Fibonacci Levels:
- Pivot: 621.54
- S1: 599.35
- R1: 643.73
Analysis:
The stock is currently in oversold territory based on the RSI. The MACD indicates bearish momentum, but the proximity to the lower Bollinger Band suggests a potential bounce. The price is near the S1 support level, which might act as a floor.
Recent News Impact:
- Morgan Stanley raised the price target to EUR 715 from EUR 635, indicating positive sentiment.
- Upcoming presentations at the American Academy of Neurology annual meeting could provide positive catalysts.
Conclusion:
While the overall trend is bearish, the oversold conditions and potential positive news suggest a short-term recovery.
Recommendation: Buy with a target of 632.56 (20-day SMA) and a stop-loss below 592.7.
ARGX FAQs
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ARGX Buy or Sell
ARGX has 1 buy signals and 4 sell signals now. Overall the technical rating for ARGX is Sell.
Sell
Sell
4
Buy
1
ARGX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 581.21 below the SMA_5. In the short term, the stock shows a negative trend with the 583.66 below the SMA_20. In the mid term, the stock shows a negative trend with the 619.86 below the SMA_60. In the long term, the stock shows a positive trend with the 635.35 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about ARGX's current trend?What are ARGX's key support and resistance levels?