Technical Analysis for ACGBY - Agricultural Bank of China Limited

Grade Last Price % Change Price Change
grade D 9.97 -2.16% -0.2200
ACGBY closed down 2.16 percent on Monday, February 24, 2020, on 21 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical ACGBY trend table...

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Cup with Handle Other -2.16%
Narrow Range Bar Range Contraction -2.16%
Overbought Stochastic Strength -2.16%
Fell Below 200 DMA Bearish -1.66%
Stochastic Sell Signal Bearish -1.66%
Cup with Handle Other -1.66%
Older signals for ACGBY ...

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Profile

The predecessor of Agricultural Bank of China is Agricultural Cooperative Bank established in 1951. Since the late 1970s, the Bank has evolved from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank. The Bank was restructured into a joint stock limited liability company in January 2009. The Bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, respectively in July 2010, which marked the completion of our transformation into a public shareholding commercial bank.Being one of the major integrated financial service providers in China, the Bank is committed to catering to the needs of Sannong and capitalizing on the synergy between the Urban Areas and the County Areas. The Bank strives to expand into the international market and provides diversified services so as to become a first class modern commercial bank. Capitalizing on the comprehensive business portfolio, extensive distribution network and advanced IT platform, the Bank provides various corporate and retail banking products and services for a broad range of customers and carries out treasury operations for our own accounts or on behalf of customers. Our business scope includes, among others, investment banking, fund management, financial leasing and life insurance. At the end of 2012, the Bank had total assets of RMB13,244,342 million, deposits of RMB10,862,935 million and loans of RMB6,433,399 million. Our capital adequacy ratio and non-performing loan ratio were 12.61% and 1.33%, respectively. The Bank achieved a net profit of RMB145,131 million in 2012. The Bank had 23,472 domestic branch outlets, including the Head Office, the Business Department of the Head Office, three specialized institutions managed by the Head Office, 37 tier-1 branches (including branches directly managed by the Head Office), 348 tier-2 branches (including business departments of branches in provinces), 3,482 tier-1 sub-branches (including business departments in municipalities, business departments of branches directly managed by the Head Office and business departments of tier-2 branches), and 19,600 other establishments. Our overseas branch outlets consisted of four overseas branches and five overseas representative offices. Our major subsidiaries consisted of nine domestic subsidiaries and three overseas subsidiaries.In 2012, the Bank ranked No. 84 in Fortune�s Global 500, and ranked No. 5 in The Banker�s �Top 1000 World Banks� list in terms of profit before tax for the year of 2011. In 2012, the Bank�s issuer credit ratings were assigned A/A-1 by Standard & Poor�s; the bank deposits ratings were assigned A1/P-1 by Moody�s Investors Service; and the long-/short-term foreign-currency issuer default ratings were assigned A/F1 by Fitch Ratings. The Bank�s outlook ratings assigned by the above credit rating agencies were �stable�.
Bank S&P/Tsx 60 Index Life Insurance Investment Banking Banks Axis Bank Fund Management Bank Of China Distribution Network Xicheng District Syndicate Bank Bank Deposits Ratings Business Department Corporate And Retail Banking Products Investors Service Public Sector Banks In India State Controlled Commercial Bank State Owned Commercial Bank

Is ACGBY 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 12.32
52 Week Low 9.21
Average Volume 9,730
200-Day Moving Average 10.2153
50-Day Moving Average 10.4280
20-Day Moving Average 9.9294
10-Day Moving Average 10.0718
Average True Range 0.1468
ADX 28.67
+DI 24.6411
-DI 40.9664
Chandelier Exit (Long, 3 ATRs ) 9.8496
Chandelier Exit (Short, 3 ATRs ) 10.0304
Upper Bollinger Band 10.2951
Lower Bollinger Band 9.5637
Percent B (%b) 0.56
BandWidth 7.3660
MACD Line -0.0649
MACD Signal Line -0.1140
MACD Histogram 0.0491
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.0375
Resistance 3 (R3) 10.0350 10.0100 10.0263
Resistance 2 (R2) 10.0100 9.9928 10.0113 10.0225
Resistance 1 (R1) 9.9900 9.9822 10.0000 9.9925 10.0187
Pivot Point 9.9650 9.9650 9.9700 9.9663 9.9650
Support 1 (S1) 9.9450 9.9478 9.9550 9.9475 9.9213
Support 2 (S2) 9.9200 9.9372 9.9213 9.9175
Support 3 (S3) 9.9000 9.9200 9.9138
Support 4 (S4) 9.9025