Technical Analysis for AGX - Argan, Inc.

Grade Last Price % Change Price Change
A 70.52 2.92% 2.00
AGX closed up 2.92 percent on Friday, May 24, 2024, on 1.65 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jun 6
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 2.92%
Pocket Pivot Bullish Swing Setup 2.92%

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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 70.52
52 Week Low 36.6906
Average Volume 97,398
200-Day Moving Average 48.11
50-Day Moving Average 58.53
20-Day Moving Average 65.38
10-Day Moving Average 67.39
Average True Range 1.59
RSI (14) 77.68
ADX 47.89
+DI 41.25
-DI 13.35
Chandelier Exit (Long, 3 ATRs) 65.76
Chandelier Exit (Short, 3 ATRs) 64.79
Upper Bollinger Bands 71.21
Lower Bollinger Band 59.55
Percent B (%b) 0.94
BandWidth 17.83
MACD Line 2.82
MACD Signal Line 2.89
MACD Histogram -0.0701
Fundamentals Value
Market Cap 939.88 Million
Num Shares 13.3 Million
EPS 2.47
Price-to-Earnings (P/E) Ratio 28.55
Price-to-Sales 1.17
Price-to-Book 2.18
PEG Ratio 0.00
Dividend 1.05
Dividend Yield 1.49%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 73.60
Resistance 3 (R3) 73.25 71.89 73.08
Resistance 2 (R2) 71.89 71.10 72.06 72.91
Resistance 1 (R1) 71.20 70.62 71.55 71.55 72.74
Pivot Point 69.84 69.84 70.01 70.01 69.84
Support 1 (S1) 69.15 69.05 69.49 69.49 68.30
Support 2 (S2) 67.79 68.57 67.96 68.13
Support 3 (S3) 67.10 67.79 67.96
Support 4 (S4) 67.44