AGNC Investment Trading Above 50-Day SMA: Good Time to Buy?
AGNC(AGNC) ZACKS·2024-07-03 00:00
AGNC Investment Corp. (AGNC) is currently trading above its 50-day simple moving average (SMA). The stock is trading at $9.48, above the 50-day SMA of $9.40, representing an uptrend. A Simple Moving Average is a widely-used technical analysis tool to predict future price trends by analyzing historical price data.Image Source: Zacks Investment ResearchAGNC has a market capitalization of $6.98 billion. The stock has dropped 1.3% compared with the industry’s 0.5% fall in the past month. The S&P 500 has gained ...