Search for another Company Symbol?

Sentiment Analysis based on Historical Prices and Volumes of AGN common stock.



Prev. Co. Next Co.
AGN: Week-end Altitude

For Allergan, Inc., the Negative Volume Index is a well known indicator for market sentiment. This version is includes several enhancements suggested by Norman Fosback. The plot is the proportion of the daily NVI as compared to the past year's average daily NVI. The plot is orange below the unity line (neutral implication) and green above (bullish).





What to look for in an NVI plot for Allergan, Inc.:

In its modern form, the NVI is an elegant indicator, but requires some care in interpretation. The orange plot (NVI less than unity) is not considered bearish because a lowering of the NVI is a natural tendancy under many market conditions. When the plot is in the green area, it indicates that prices are rising on low volume sessions, which is contrary to the normal condition. This can be a tip off to "accumulation behaviour" on the part of someone or some group in the market. The indicator seems most significant when prices are falling and the NVI is rising, which indicates a market that is "buying on the dips".




Prev. Co. Next Co.
AGN: Negative Volume Index (Fosback NVI)

Because the NVI operates over a somewhat longer time frame than most technical indicators, it is of interest to track it over a longer period to get a feeling for how it works. This chart for Allergan, Inc. covers the few years before the start of the chart at the top of the page.




Prev. Co. Next Co.
AGN: Weekly Average Closing Altitude

Values above the midline indicate that day traders have positive feelings toward AGN while traces below the midline are a sign that speculators are afraid to hold on to the issue overnight. Allergan, Inc. stock prices are shown in red.






Prev. Co. Next Co.
Daily Up Volume vs Down Volume of Allergan, Inc.

Here the blue indicates the proportion between Up Volume and Down Volume. Again, the horizontal blue line represents the neutral point. Allergan, Inc. share prices are overlaid in red. This is an important indicator for market timing, as a change in direction of the volume line may happen before the price turns.




For Clients: More Market Sentiment Analysis of Allergan, Inc.

Influence of Investor Sentiment on AGN stock prices. Also, roadmap and Summary of most effective indicators:

Public Pages : More AGN Technical Analysis Chalk-Talk Subjects

AGN Price Forecasts

AGN Traditional Time Series Analysis

Moving Averages and MACD Indicators

Multi-Spectral Analysis

Political Season Trends AGN

AGN Transaction Volume Trends

AGN Analysis of Short Term and Long Term Risk

AGN Calendar Seasonality

Back to AGN Index Page


Associates of Hybrid Technical may hold positions in issues covered here. Material in publicly viewable areas has been been delayed. These reports are not to be used for stock-picking or investment decision support. Any such use is strictly prohibited.


We do not recommend the purchase or sale of this or any other issue. Research shows that most people who invest in common stock will lose money. We do not advocate speculation in mutual funds or index funds. Pages on this site are for entertainment and academic purposes only. Charts and concepts are property of Hybrid Technical. All Rights Reserved. Content is Copyright 2010 by Hybrid Technical




Next Chapter 1:

Classical Analysis provides a good overview of the data for Allergan, Inc., and reveals patterns that will be explored with detail in later sections.


.