AVISTA CORP (AVA) Stock Technical Analysis
NYSE:AVA - New York Stock Exchange, Inc. - US05379B1070 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AVA. AVA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month AVA has a been trading in the 36.98 - 39.90 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, AVA outperforms 46% of them, which is more or less in line with the market.
AVA is part of the Multi-Utilities industry. There are 25 other stocks in this industry, AVA did better than 41% of them.
AVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of AVA is bad and it also does not present a 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
34.84
42.86
When analyzing the support we can see 2 important areas.
- Support @36.91 from a trend line in the weekly time frame.
- A support zone ranging from 35.19 to 35.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.93 to 39.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.85 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 | DOWN | NEGATIVE | The long term trend for AVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVA is down. |
| ChartMill Relative Strength | 46.41 | NEUTRAL | AVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.7 | NEUTRAL | The RSI value for AVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.17 | OVERSOLD | The low Stochastics value suggests AVA may be oversold. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for AVA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for AVA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
37.31
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0%
1 Week-2.71%
2 Weeks-3.02%
1 Month-6.72%
3 Month-6.61%
6 Month1.63%
12 Month9.09%
2 Year-4.99%
3 Year-14.25%
5 Year2.53%
10 Year21.73%
15 Year91.04%
Volatility
ATR(14)0.57
ATR(20)%1.81%
ATR Inc-28.32%
Range Today0.46
ADR(20)0.63
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.41
Mansfield-0.65
10 Day High38.96
10 Day Low36.98
20 Day High39.9
20 Day Low36.98
52 Week High43.09
52 Week Low33.45
CS1 End36.91
CR1 Start38.93
Volume & EV
DER(3)-1.69%
DER(5)-2.96%
Volume446.90K
Volume Incr-46.71%
Vol(5)444.52K
Vol(50)785.05K