AVISTA CORP (AVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVA - US05379B1070 - Common Stock
We assign a technical rating of 7 out of 10 to AVA. 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 compared to the yearly performance of all other stocks, AVA outperforms 56% of them, which is more or less in line with the market.
- AVA is part of the Multi-Utilities industry. There are 26 other stocks in this industry, AVA did better than 68% of them.
- 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.
AVA has an excellent technical rating, but the quality of the setup is only medium 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
2 important support areas can be observed.
- A support zone ranging from 36.35 to 39.60. 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.
When analyzing the resistance we notice one important 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 | 56.44 | 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) | 65.45 | 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. |
| Stochastics (14,3) | 93.47 | OVERBOUGHT | The high Stochastics value suggests AVA may be overbought. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for AVA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for AVA suggests a possible start of a new 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 |
|---|---|---|---|
| 40.23 | 38.07 | 2.16 (5.38%) | 18.58% |
| An entry @40.23. This is a Buy Stop order right above the 10 day high. | An exit @38.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.16 points, which is 5.38%. | For a 1.00% total portfolio risk, you can invest 18.58% of your capital in this trade. |
- 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.
40.18
+0.09 (+0.22%)
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 65.4483. 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 0.203162, indicating a bearish trend.
What is the short term momentum for AVA stock?
The short term momentum for AVISTA CORP (AVA) is positive.