Federal Agricultural Mortgage Corporation (Ticker: AGM) is a government-sponsored enterprise that provides financial solutions for agricultural lenders and rural communities. Commonly known as Farmer Mac, the company offers a range of services, including loan guarantees, secondary market support, and rural housing loans, to support the agricultural sector.

In terms of technical analysis, the trend of Federal Agricultural Mortgage Corporation's stock is higher. The stock is currently consolidating at the 261.8% extension level, which indicates a significant level of price expansion. This consolidation pattern suggests that the stock is preparing for its next potential move. If the stock remains above the 195 level, the bias is higher, indicating a positive outlook for the stock. 

Investors should closely monitor the stock's price action and consider additional analysis before making any investment decisions.