(AGYS) Long Term Investment Analysis

May 07, 2024, 23:42 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AGYS

• Buy AGYS slightly over 76.94 target 84.85 stop loss @ 76.72 Details

The technical summary data tells us to buy AGYS near 76.94 with an upside target of 84.85. This data also tells us to set a stop loss @ 76.72 to protect against excessive loss in case the stock begins to move against the trade. 76.94 is the first level of support below 80.69 , and by rule, any test of support is a buy signal. In this case, support 76.94 would be being tested, so a buy signal would exist.

• Short AGYS slightly under 84.85, target 76.94, stop loss @ 85.1 Details

The technical summary data is suggesting a short of AGYS as it gets near 84.85 with a downside target of 76.94. We should have a stop loss in place at 85.1though. 84.85 is the first level of resistance above 80.69, and by rule, any test of resistance is a short signal. In this case, if resistance 84.85 is being tested, so a short signal would exist.

Swing Trading Plans for AGYS

• Buy AGYS slightly over 81.73, target 84.85, Stop Loss @ 81.49 Details

If 81.73 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 81.73, with an upside target of 84.85. The data also tells us to set a stop loss @ 81.49 in case the stock turns against the trade. 81.73 is the first level of resistance above 80.69, and by rule, any break above resistance is a buy signal. In this case, 81.73, 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 81.73, target 79.33, Stop Loss @ 81.97. Details

The technical summary data is suggesting a short of AGYS if it tests 81.73 with a downside target of 79.33. We should have a stop loss in place at 81.97 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, 81.73, 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 81.73, target 84.85, Stop Loss @ 81.54 Details

If 81.73 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 81.73, with an upside target of 84.85. The data also tells us to set a stop loss @ 81.54 in case the stock turns against the trade. 81.73 is the first level of resistance above 80.69, and by rule, any break above resistance is a buy signal. In this case, 81.73, 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 81.73, target 80.14, Stop Loss @ 81.92. Details

The technical summary data is suggesting a short of AGYS if it tests 81.73 with a downside target of 80.14. We should have a stop loss in place at 81.92 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, 81.73, 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 Inc. (AGYS) available here: AGYS.

AGYS Ratings for May 07:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	76.94
P2	78.26	79.33	84.85
P3	80.14	81.73	93.41

AI Generated Signals for AGYS

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Technically, Agilysys Inc. (NASDAQ: AGYS) provides opportunities for traders who are watching the price of the stock oscillate over time.

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.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

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.