AVISTA CORP (AVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVA - US05379B1070 - Common Stock
Taking everything into account, AVA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month AVA has a been trading in the 37.54 - 40.22 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, AVA turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- AVA is an average performer in the Multi-Utilities industry, it outperforms 64% of 26 stocks in the same industry.
- AVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVA is lagging the market.
Although AVA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.35 to 39.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.84 to 42.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for AVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVA is up. |
| ChartMill Relative Strength | 67.01 | NEUTRAL | AVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.19 | NEUTRAL | The RSI value for AVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests AVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.02 | OVERBOUGHT | The high Stochastics value suggests AVA may be overbought. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for AVA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for AVA suggests a possible start of a new trend. |
40.06
-0.12 (-0.3%)
AVISTA CORP / AVA FAQ
Can you provide the ChartMill technical rating for AVISTA CORP?
ChartMill assigns a technical rating of 7 / 10 to AVA.
Can you provide the trend direction for AVISTA CORP?
The current trend direction for AVISTA CORP (AVA) is Bullish.
What is the RSI signal for AVISTA CORP (AVA) stock?
AVISTA CORP (AVA) has an RSI value of 63.1948. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVISTA CORP?
The MACD indicator for AVISTA CORP (AVA) has a value of 0.198442, indicating a bearish trend.
What is the short term momentum for AVA stock?
The short term momentum for AVISTA CORP (AVA) is positive.