Technical Analysis for ARG - Argo Investments Limited  

Grade Last Price % Change Price Change
D 8.620 0.35% 0.030
ARG closed up 0.12 percent on Tuesday, May 14, 2024, on 87 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Jun 5
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Flat

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.35%
Outside Day Range Expansion 0.35%
Gapped Up Strength 0.35%
Oversold Stochastic Weakness 0.35%
MACD Bearish Signal Line Cross Bearish 0.47%
Narrow Range Bar Range Contraction 0.47%
Stochastic Reached Oversold Weakness 0.47%
BB Squeeze Ended Range Expansion 0.47%
Oversold Stochastic Weakness 0.47%
20 DMA Resistance Bearish 0.12%

   Recent Intraday Alerts

Alert Time
Reversed from Up about 3 hours ago
2x Volume Pace about 3 hours ago
10 DMA Resistance about 3 hours ago
Up 1 ATR about 3 hours ago
20 DMA Resistance about 3 hours ago

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Profile

Argo Investments Limited   Description

Argo Investments Limited is an investment company. The Company manages a diversified portfolio of Australian investments with the objective of maximizing long-term returns to its shareholders through a balance of capital and dividend growth. The Company operates in the investment industry primarily within Australia. The Company derives its revenue from the investment portfolio through the receipt of dividends, distributions, interest and other income. It also derives income from interest earned on cash deposits, income from writing exchange-traded options and a small amount of share trading activity. The Company's portfolio includes investments in various sectors, such as healthcare, utilities, consumer discretionary, industrials, energy, banks, materials, telecommunication services and information technology, and property trusts, among others. Argo Service Company Pty Ltd is the subsidiary of the Company.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Energy Health Communication Healthcare Bank Investment Company Information Technology Dividend Dividends Investment Trust Communication Services Telecommunication Services Argo Investments S&P 500 Dividend Aristocrats Share Trading

Is ARG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.0219
52 Week Low 8.1187
Average Volume 248,197
200-Day Moving Average 8.615
50-Day Moving Average 8.730
20-Day Moving Average 8.652
10-Day Moving Average 8.632
Average True Range 0.070
RSI (14) 41.18
ADX 30.97
+DI 11.410
-DI 23.585
Chandelier Exit (Long, 3 ATRs) 8.529
Chandelier Exit (Short, 3 ATRs) 8.781
Upper Bollinger Bands 8.736
Lower Bollinger Band 8.568
Percent B (%b) 0.13
BandWidth 1.942
MACD Line -0.033
MACD Signal Line -0.030
MACD Histogram -0.0033
Fundamentals Value
Market Cap 6.19 Billion
Num Shares 720 Million
EPS 0.28
Price-to-Earnings (P/E) Ratio 30.90
Price-to-Sales 26.81
Price-to-Book 1.27
PEG Ratio 0.00
Dividend 0.28
Dividend Yield 3.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.710
Resistance 3 (R3) 8.717 8.683 8.690
Resistance 2 (R2) 8.683 8.653 8.680 8.683
Resistance 1 (R1) 8.637 8.634 8.620 8.630 8.677
Pivot Point 8.603 8.603 8.595 8.600 8.603
Support 1 (S1) 8.557 8.573 8.540 8.550 8.503
Support 2 (S2) 8.523 8.554 8.520 8.497
Support 3 (S3) 8.477 8.523 8.490
Support 4 (S4) 8.470