Technical Analysis for AAC - Australian Agricultural Company Ltd  

Grade Last Price % Change Price Change
C 1.365 -3.19% -0.045
AAC closed down 3.19 percent on Wednesday, April 24, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
Earnings due: May 16
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Cup with Handle Other 0.00%
Gapped Down Weakness 0.00%
Cup with Handle Other -3.19%
Narrow Range Bar Range Contraction -3.19%
Inside Day Range Contraction -3.19%

   Recent Intraday Alerts

Alert Time
Down 1 ATR 1 day ago
Down 2% 1 day ago
Gapped Down (Full) 1 day ago
Fell Below Previous Day's Low 1 day ago
Down 1% 1 day ago

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Profile

Australian Agricultural Company Ltd   Description

Australian Agricultural Company Limited is an Australia-based cattle and beef producer. The principal activities of the Company are ownership, operation and development of pastoral properties; production of beef, including breeding, backgrounding, feedlotting and processing of cattle, and sales and marketing of branded beef. The Company specializes in grassfed beef and grainfed beef production. It operates an integrated cattle production system across approximately 20 owned cattle stations, over two leased stations, approximately 10 agisted properties, over two owned feedlots, a beef processing facility and over two owned and an external farms located throughout Queensland, New South Wales, the Northern Territory and Western Australia. The Company runs herd of Wagyu cattle, producing Wagyu beef, which is exported to over 20 countries around the world. Its Northern Beef Processing Facility is located at Livingstone Valley.


Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Marketing Farm Food And Drink Agriculture Cattle Livestock Beef Feedlot

Is AAC 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 1.62
52 Week Low 1.145
Average Volume 144,822
200-Day Moving Average 1.393
50-Day Moving Average 1.395
20-Day Moving Average 1.389
10-Day Moving Average 1.398
Average True Range 0.031
RSI (14) 43.18
ADX 16.33
+DI 14.443
-DI 27.003
Chandelier Exit (Long, 3 ATRs) 1.346
Chandelier Exit (Short, 3 ATRs) 1.439
Upper Bollinger Bands 1.440
Lower Bollinger Band 1.339
Percent B (%b) 0.26
BandWidth 7.241
MACD Line 0.000
MACD Signal Line 0.001
MACD Histogram -0.0011
Fundamentals Value
Market Cap 822.78 Million
Num Shares 603 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 18.70
Price-to-Sales 2.32
Price-to-Book 0.75
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.403
Resistance 3 (R3) 1.407 1.398 1.396
Resistance 2 (R2) 1.398 1.389 1.396 1.394
Resistance 1 (R1) 1.382 1.383 1.378 1.378 1.392
Pivot Point 1.373 1.373 1.371 1.371 1.373
Support 1 (S1) 1.357 1.364 1.353 1.353 1.338
Support 2 (S2) 1.348 1.358 1.346 1.336
Support 3 (S3) 1.332 1.348 1.334
Support 4 (S4) 1.328