AGNC Investment Corp (AGNC) “On a long-term technical basis, the stock (AGNC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 12.75 and 12.00. If the stock breaks down through support at 12.75 then it will probably continue lower to 12.00. The stock has resistance at 13.29 and at 14.44. If the stock breaks up through resistance at 13.29 then it will probably continue higher to 14.44. The 200-day moving average is at 15.69. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 12.75 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (82.65), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”