Agco's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu signal.

Based on the 15-minute chart for Agco, the Bollinger Bands have been expanding upward, and a bullish Marubozu pattern was observed on August 27, 2025 at 11:45. This suggests that the market trend is currently being driven by strong buying pressure, and as a result, the market is expected to continue in a bullish direction. The bullish momentum is likely to persist as buyers remain in control of the market.

AGCO Corporation (AGCO) has been experiencing significant bullish momentum, driven by strong demand for its precision agriculture business and strategic moves in the market. According to a recent analysis, the Bollinger Bands on AGCO's 15-minute chart have been expanding upward, indicating a trend of increasing volatility and strong buying pressure. A bullish Marubozu pattern observed on August 27, 2025, at 11:45, further suggests a continuation of the bullish trend, with buyers remaining in control of the market [1].

AGCO's precision agriculture business has been a key driver of growth. The company's Fendt full lineup of equipment and replacement parts has seen strong demand, which is expected to persist in the upcoming quarters. The precision agriculture business is projected to deliver net sales of $2 billion by 2029, with an annual growth rate of 4-5% [1].

Additionally, AGCO has been focusing on strategic transformation. The company formed a joint venture with Trimble Inc. (TRMB) on April 1, 2024, to create PTx Trimble, which holds an 85% stake in AGCO. This move is aimed at facilitating AGCO’s rapid growth in technology transformation and providing seamless, powerful precision ag solutions [1].

Moreover, AGCO announced the sale of its majority stake in the Grain & Protein business to American Industrial Partners for $700 million on Nov. 1, 2024. The company intends to use the net proceeds from this transaction to repay debt, invest in technology, and return capital to shareholders [1].

Despite these positive developments, AGCO faces challenges such as lower industry retail sales in North America and Western Europe, material cost inflation, and higher engineering expenses. However, the company is implementing cost control actions and stable engineering expenses to mitigate these challenges [1].

AGCO's stock performance has been robust, with shares gaining 29.1% in the past year compared to the industry's growth of 30.7%. The company currently sports a Zacks Rank #1 (Strong Buy) [1].

References:
[1] https://www.nasdaq.com/articles/agco-gains-precision-ag-business-demand-cost-control-efforts