Overall AFYA gets a technical rating of 1 out of 10. AFYA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AFYA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AFYA in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
13.94
We found 2 important support areas.
6 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AFYA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFYA is neutral. |
| ChartMill Relative Strength | 27.28 | NEGATIVE | AFYA has a low relative strength, it was outperformed by 72.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFYA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.63 | NEUTRAL | The RSI value for AFYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AFYA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.03 | NEUTRAL | The Stochastics value for AFYA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AFYA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.39 | NEGATIVE | The low ADX value for AFYA suggests a weak or negative trend. |
14.81
+0.25 (+1.72%)
ChartMill assigns a technical rating of 1 / 10 to AFYA.
The current trend direction for AFYA LTD-CLASS A (AFYA) is Bearish.
AFYA LTD-CLASS A (AFYA) has an RSI value of 53.625. This indicates that the stock is currently neutral.
The short term momentum for AFYA LTD-CLASS A (AFYA) is neutral.