AVISTA CORP (AVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVA - US05379B1070 - Common Stock
We assign a technical rating of 8 out of 10 to AVA. Although AVA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, AVA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 41.68. Right above this resistance zone may be a good entry point.
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35.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 38.79 to 39.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.47 from a horizontal line in the daily time frame.
- A support zone ranging from 36.35 to 36.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @35.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.68 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 | 75.26 | POSITIVE | AVA has a high relative strength, it outperformed 75.26% off all stocks 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) | UP | POSITIVE | The current price of AVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.04 | NEUTRAL | The RSI value for AVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.31 | NEUTRAL | The Stochastics value for AVA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for AVA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.38 | POSITIVE | The high ADX value value for AVA suggests a strong trend. |
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 |
|---|---|---|---|
| 42.45 | 40.52 | 1.93 (4.55%) | 21.99% |
| An entry @42.45. This is a Buy Stop order right above the resistance zone. | An exit @40.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.93 points, which is 4.55%. | When investing 21.99% 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.
41.45
+0.19 (+0.46%)
AVISTA CORP / AVA FAQ
Can you provide the ChartMill technical rating for AVISTA CORP?
ChartMill assigns a technical rating of 8 / 10 to AVA.
What is the trend direction for AVA stock?
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 67.0361. This indicates that the stock is currently neutral.
What is the short term momentum for AVISTA CORP (AVA) stock?
The short term momentum for AVISTA CORP (AVA) is positive.
What are the support and resistance levels for AVISTA CORP (AVA) stock?
AVISTA CORP (AVA) has a support level at 39.3 and a resistance level at 41.68. Check the full technical report for our detailed analysis of AVA support and resistance levels.