By InvestMacro.com | #stocks #AGNC #REIT #mortgage
AGNC Investment Corp. End of Day Update: October 06 2022
The AGNC Investment Corp. (AGNC) stock finished the day with a slide of -2.18 percent, closing the day around the 8.315 price level, according to unofficial data at the New York close.
AGNC, a Real Estate Investment Trust (REIT) that specializes in mortgage-backed securities, opened the day trading at 8.49 with the high of the day being 8.555 and the low of the day at 8.1.
AGNC, like most REITs, has been on a downtrend due to higher interest rates and trades well below its 20-day and 200-day moving averages. Today’s drop marked the lowest trading level since the pandemic low in March of 2020.
The AGNC RSI level is Bearish-Oversold
The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI score is at 23.2 for a Bearish-Oversold reading on the daily time-frame.
Free Reports:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
AGNC Price Trends
The AGNC is now down by -22.79 percent over the past 10 days while seeing a fall by -32.28 over the past 30 days. The 90-day change is -29.82 while the 180-day return and the 365-day return are -40.35 and -46.38, respectively.
- COT Metals Charts: Speculator Bets led by Gold, Silver & Platinum Sep 21, 2024
- COT Bonds Charts: Speculator Bets led by Fed Funds & 5-Year Bonds Sep 21, 2024
- COT Stock Market Charts: Speculator Bets led by VIX & DowJones-Mini Sep 21, 2024
- COT Soft Commodities Charts: Speculator bets led by Cotton & Soybeans Sep 21, 2024
- The People’s Bank of China kept key rates unchanged. Oil grows amid escalating conflict in the Middle East Sep 20, 2024
- AUD/USD Reaches New Heights as Risk Sentiment Improves Sep 20, 2024
- Brent Crude Oil Rebounds Amid Monetary Easing and Market Dynamics Sep 19, 2024
- The US Fed surprised the market with a sharp rate cut. Australia’s labor market remains resilient Sep 19, 2024
- The US Federal Reserve will begin its rate-cutting cycle today. In the UK, inflation figures were unchanged Sep 18, 2024
- USDJPY Experiences Renewed Decline as Market Adjusts Expectations Sep 18, 2024