Technical Analysis for ARG - Argo Investments Limited  

Grade Last Price % Change Price Change
D 8.610 -0.46% -0.040
ARG closed down 0.46 percent on Friday, May 3, 2024, on 67 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -0.46%
Jack-in-the-Box Bearish Bearish Swing Setup -0.46%
Crossed Above 200 DMA Bullish -0.46%
Inside Day Range Contraction -0.46%

   Recent Intraday Alerts

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 234,750
200-Day Moving Average 8.611
50-Day Moving Average 8.758
20-Day Moving Average 8.675
10-Day Moving Average 8.658
Average True Range 0.075
RSI (14) 41.52
ADX 25.16
+DI 8.485
-DI 21.188
Chandelier Exit (Long, 3 ATRs) 8.577
Chandelier Exit (Short, 3 ATRs) 8.824
Upper Bollinger Bands 8.753
Lower Bollinger Band 8.596
Percent B (%b) 0.09
BandWidth 1.808
MACD Line -0.035
MACD Signal Line -0.034
MACD Histogram -0.0019
Fundamentals Value
Market Cap 6.2 Billion
Num Shares 720 Million
EPS 0.28
Price-to-Earnings (P/E) Ratio 30.97
Price-to-Sales 26.81
Price-to-Book 1.27
PEG Ratio 0.00
Dividend 0.28
Dividend Yield 3.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.715
Resistance 3 (R3) 8.727 8.703 8.698
Resistance 2 (R2) 8.703 8.677 8.698 8.692
Resistance 1 (R1) 8.657 8.660 8.645 8.645 8.686
Pivot Point 8.633 8.633 8.628 8.628 8.633
Support 1 (S1) 8.587 8.607 8.575 8.575 8.534
Support 2 (S2) 8.563 8.590 8.558 8.528
Support 3 (S3) 8.517 8.563 8.523
Support 4 (S4) 8.505