Technical Analysis for AGX - Argan, Inc.

Grade Last Price % Change Price Change
B 71.48 -2.30% -1.68
AGX closed down 2.3 percent on Monday, July 1, 2024, on approximately normal volume. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -2.30%
Spinning Top Other -2.30%
Volume Surge Other -2.30%
Down 3 Days in a Row Weakness -2.30%
Fell Below 20 DMA Bearish -2.52%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 5 hours ago
Gap Up Partially Closed about 5 hours ago
60 Minute Opening Range Breakdown about 5 hours ago
Fell Below Previous Day's Low about 5 hours ago
Down 2 % about 5 hours ago

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Profile

Argan, Inc. Description

Argan, Inc., through its subsidiaries, provides development, consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy markets for public utilities, independent power project owners, municipalities, public institutions, and private industry. The company operates through two segments: Power Industry Services and Telecommunications Infrastructure Services. The company also offers telecommunications infrastructure services, including structuring, cabling, terminations, and connectivity that provide the physical transport for high speed data, voice, video, and security networks, as well as inside plant and premises wiring services comprising AutoCAD design; cable installation; equipment room, and telecom closet design and build-out; data rack and cabinet installation; raceway design and installation; and cable identification, testing, labeling, and documentation services for copper, fiber optic, and coax cable systems. In addition, its telecommunications infrastructure services consist of trenchless directional boring and excavation for underground communication and power networks; aerial cabling services; and the installation of buried cable, high and low voltage electric lines, and private area outdoor lighting systems. The company provides its telecommunications infrastructure services to local governments, the federal government, telecommunications, and broadband service providers, as well as electric utilities. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Telecommunications Broadband Electromagnetism Electrical Engineering Fiber Optics Electric Utilities Engineering Communications Infrastructure Federal Government Energy Market Public Utilities Telecommunications Infrastructure Electrical Wiring Michels Corporation Cable Systems Autocad

Is AGX 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 78.95
52 Week Low 36.6906
Average Volume 159,507
200-Day Moving Average 52.05
50-Day Moving Average 68.94
20-Day Moving Average 74.57
10-Day Moving Average 75.27
Average True Range 2.34
RSI (14) 45.65
ADX 29.2
+DI 22.24
-DI 28.33
Chandelier Exit (Long, 3 ATRs) 71.93
Chandelier Exit (Short, 3 ATRs) 73.86
Upper Bollinger Bands 80.66
Lower Bollinger Band 68.48
Percent B (%b) 0.25
BandWidth 16.34
MACD Line 1.51
MACD Signal Line 2.44
MACD Histogram -0.9314
Fundamentals Value
Market Cap 952.68 Million
Num Shares 13.3 Million
EPS 2.47
Price-to-Earnings (P/E) Ratio 28.94
Price-to-Sales 1.17
Price-to-Book 2.18
PEG Ratio 0.00
Dividend 1.05
Dividend Yield 1.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.37
Resistance 3 (R3) 75.76 74.87 74.72
Resistance 2 (R2) 74.87 73.88 74.67 74.50
Resistance 1 (R1) 73.17 73.27 72.73 72.78 74.29
Pivot Point 72.28 72.28 72.05 72.08 72.28
Support 1 (S1) 70.58 71.29 70.14 70.19 68.67
Support 2 (S2) 69.69 70.68 69.49 68.46
Support 3 (S3) 67.99 69.69 68.24
Support 4 (S4) 67.60