AFYA LTD-CLASS A (AFYA) Technical Analysis
NASDAQ:AFYA • KYG011251066
Current stock price
AFYA Technical Rating and Analysis
Overall AFYA gets a technical rating of 6 out of 10. AFYA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 77% of all other stocks performed better in the past year than AFYA.
- AFYA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFYA is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AFYA is an average performer in the Diversified Consumer Services industry, it outperforms 55% of 73 stocks in the same industry.
- In the last month AFYA has a been trading in the 13.37 - 15.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AFYA Weekly and Daily overview Charts
AFYA Setup Rating and Analysis
Although the technical rating is only medium, AFYA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 14.98. Right above this resistance zone may be a good entry point.
More info and screens
AFYA Support and Resistance Analysis
13.45
We found 2 important support areas.
- A support zone ranging from 14.45 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.59 to 13.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.98 to 15.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.39 from a horizontal line in the weekly time frame.
AFYA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AFYA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFYA is up. |
| ChartMill Relative Strength | 23.72 | NEGATIVE | AFYA has a low relative strength, it was outperformed by 76.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFYA is above the rising 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) | 57.63 | NEUTRAL | The RSI value for AFYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AFYA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.07 | NEUTRAL | The Stochastics value for AFYA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for AFYA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for AFYA suggests a weak or negative trend. |
AFYA Chart- and CandleStick Pattern Analysis
AFYA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.66 | 14.44 | 1.22 (7.79%) | 12.84% |
| An entry @15.66. This is a Buy Stop order right above the resistance zone. | An exit @14.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.22 points, which is 7.79%. | When investing 12.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AFYA Technicals: Chart, Performance Metrics, Trend & Indicators
14.97
+0.1 (+0.67%)
AFYA LTD-CLASS A / AFYA TA FAQ
What is the ChartMill technical rating of AFYA LTD-CLASS A (AFYA) stock?
ChartMill assigns a technical rating of 6 / 10 to AFYA.
Can you provide the trend direction for AFYA LTD-CLASS A?
The current trend direction for AFYA LTD-CLASS A (AFYA) is Bearish.
Can you provide the RSI signal for AFYA LTD-CLASS A?
AFYA LTD-CLASS A (AFYA) has an RSI value of 57.6312. This indicates that the stock is currently neutral.
What is the MACD signal for AFYA LTD-CLASS A (AFYA) stock?
The MACD indicator for AFYA LTD-CLASS A (AFYA) has a value of 0.0611485, indicating a bearish trend.
What is the short term momentum for AFYA stock?
The short term momentum for AFYA LTD-CLASS A (AFYA) is positive.