Agilysys $AGYS Investment Analysis

September 24, 2023, 19:15 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AGYS

• Buy AGYS slightly over 64.80 target 75.57 stop loss @ 64.61 Details

The technical summary data tells us to buy AGYS near 64.80 with an upside target of 75.57. This data also tells us to set a stop loss @ 64.61 to protect against excessive loss in case the stock begins to move against the trade. 64.80 is the first level of support below 66.55 , and by rule, any test of support is a buy signal. In this case, support 64.80 would be being tested, so a buy signal would exist.

• Short AGYS slightly under 75.57, target 64.80, stop loss @ 75.79 Details

The technical summary data is suggesting a short of AGYS as it gets near 75.57 with a downside target of 64.80. We should have a stop loss in place at 75.79though. 75.57 is the first level of resistance above 66.55, and by rule, any test of resistance is a short signal. In this case, if resistance 75.57 is being tested, so a short signal would exist.

Swing Trading Plans for AGYS

• Buy AGYS slightly over 67.38, target 75.57, Stop Loss @ 67.19 Details

If 67.38 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 67.38, with an upside target of 75.57. The data also tells us to set a stop loss @ 67.19 in case the stock turns against the trade. 67.38 is the first level of resistance above 66.55, and by rule, any break above resistance is a buy signal. In this case, 67.38, 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 slightly near 67.38, target 65.81, Stop Loss @ 67.57. Details

The technical summary data is suggesting a short of AGYS if it tests 67.38 with a downside target of 65.81. We should have a stop loss in place at 67.57 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, 67.38, 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 slightly over 67.07, target 67.38, Stop Loss @ 66.91 Details

If 67.07 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 67.07, with an upside target of 67.38. The data also tells us to set a stop loss @ 66.91 in case the stock turns against the trade. 67.07 is the first level of resistance above 66.55, and by rule, any break above resistance is a buy signal. In this case, 67.07, 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 slightly near 67.07, target 65.81, Stop Loss @ 67.23. Details

The technical summary data is suggesting a short of AGYS if it tests 67.07 with a downside target of 65.81. We should have a stop loss in place at 67.23 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, 67.07, 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.

Check the time stamp on this data. Updated AI-Generated Signals for Agilysys (AGYS) available here: AGYS.

AGYS Ratings for September 24:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	64.80
P2	65.71	65.81	75.57
P3	67.07	67.38	86.69

AI Generated Signals for AGYS

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With an objective approach to Agilysys (NASDAQ: AGYS), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

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.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for AGYS too.  All of these are offered below the Summary Table.