Agilysys (AGYS) Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for AGYS
  • Buy AGYS over 33.18 target 38.21 stop loss @ 33.08 Details
  • The technical summary data tells us to buy AGYS near 33.18 with an upside target of 38.21. This data also tells us to set a stop loss @ 33.08 to protect against excessive loss in case the stock begins to move against the trade. 33.18 is the first level of support below 36.06 , and by rule, any test of support is a buy signal. In this case, support 33.18 would be being tested, so a buy signal would exist.

  • Short AGYS under 38.21, target 33.18, stop loss @ 38.32 Details
  • The technical summary data is suggesting a short of AGYS as it gets near 38.21 with a downside target of 33.18. We should have a stop loss in place at 38.32though. 38.21 is the first level of resistance above 36.06, and by rule, any test of resistance is a short signal. In this case, if resistance 38.21 is being tested, so a short signal would exist.

Swing Trading Plans for AGYS
  • Buy AGYS over 38.21, target 43.32, Stop Loss @ 38.1 Details
  • If 38.21 begins to break higher, the technical summary data tells us to buy AGYS just over 38.21, with an upside target of 43.32. The data also tells us to set a stop loss @ 38.1 in case the stock turns against the trade. 38.21 is the first level of resistance above 36.06, and by rule, any break above resistance is a buy signal. In this case, 38.21, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AGYS near 38.21, target 35.58, Stop Loss @ 38.32. Details
  • The technical summary data is suggesting a short of AGYS if it tests 38.21 with a downside target of 35.58. We should have a stop loss in place at 38.32 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.21, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AGYS
  • Buy AGYS over 38.21, target 43.32, Stop Loss @ 38.12 Details
  • If 38.21 begins to break higher, the technical summary data tells us to buy AGYS just over 38.21, with an upside target of 43.32. The data also tells us to set a stop loss @ 38.12 in case the stock turns against the trade. 38.21 is the first level of resistance above 36.06, and by rule, any break above resistance is a buy signal. In this case, 38.21, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short AGYS near 38.21, target 35.58, Stop Loss @ 38.3. Details
  • The technical summary data is suggesting a short of AGYS if it tests 38.21 with a downside target of 35.58. We should have a stop loss in place at 38.3 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.21, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AGYS Ratings for May 14:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 33.18
P2 32.24 33.15 38.21
P3 34.37 35.58 43.32

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AGYS Long Term Analysis for May 14 2022


AGYS Swing Trading Analysis for May 14 2022


AGYS Day Trading Analysis for May 14 2022

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Agilysys (NASDAQ: AGYS) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for AGYS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AGYS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Evitar Corte monitors the FOMC for Market Crash signals:
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