AGX Price Prediction, Argan AI Recommendations

Momentum Indicator for AGX turns negative, indicating new downward trend

AGX saw its Momentum Indicator move below the 0 level on March 22, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 97 similar instances where the indicator turned negative. In 68 of the 97 cases, the stock moved further down in the following days. The odds of a decline are at 70%.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for AGX moved out of overbought territory on March 13, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for AGX turned negative on March 17, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AGX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AGX broke above its upper Bollinger Band on March 09, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AGX advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 204 cases where AGX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.972) is normal, around the industry mean (2.765). P/E Ratio (26.385) is within average values for comparable stocks, (26.722). AGX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.545). Dividend Yield (0.025) settles around the average of (0.034) among similar stocks. P/S Ratio (1.259) is also within normal values, averaging (2.153).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AGX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AGX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

AGX is expected to report earnings to rise 26.79% to 70 cents per share on April 12

Q1'23

Est.

$0.71

Q4'22

Missed

by $0.28

Q3'22

Beat

by $0.08

Q2'22

Beat

by $0.17

Q1'22

Missed

by $0.28

AGX paid dividends on January 31, 2023