AVEANNA HEALTHCARE HOLDINGS (AVAH) Technical Analysis
NASDAQ:AVAH • US05356F1057
Current stock price
AVAH Technical Rating and Analysis
Taking everything into account, AVAH scores 1 out of 10 in our technical rating. AVAH 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- AVAH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- AVAH has an average volume of 1173310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, AVAH turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- AVAH is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, AVAH did better than 58% of them.
- AVAH 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 AVAH is lagging the market slightly.
AVAH Weekly and Daily overview Charts
AVAH Setup Rating and Analysis
Although the technical rating is bad, AVAH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.35, a Stop Loss order could be placed below this zone.
More info and screens
AVAH Support and Resistance Analysis
3.81
3 important support areas can be observed.
- A support zone ranging from 6.28 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.49 from a trend line in the weekly time frame.
- Support @3.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @7.08 from a horizontal line in the daily time frame.
- Resistance @8.68 from a trend line in the weekly time frame.
- Resistance @9.31 from a trend line in the daily time frame.
- Resistance @9.86 from a horizontal line in the daily time frame.
AVAH 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 | DOWN | NEGATIVE | The long term trend for AVAH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVAH is down. |
| ChartMill Relative Strength | 45.03 | NEUTRAL | AVAH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVAH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVAH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AVAH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.42 | NEUTRAL | The RSI value for AVAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVAH has a positive trend. |
| Stochastics (14,3) | 34.58 | NEUTRAL | The Stochastics value for AVAH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for AVAH suggests high volalility. |
| Average Directional Index/ADX (14) | 35.82 | POSITIVE | The high ADX value value for AVAH suggests a strong trend. |
AVAH Chart- and CandleStick Pattern Analysis
AVAH Technicals: Chart, Performance Metrics, Trend & Indicators
6.38
+0.09 (+1.43%)
AVEANNA HEALTHCARE HOLDINGS / AVAH TA FAQ
What is the ChartMill technical rating of AVEANNA HEALTHCARE HOLDINGS (AVAH) stock?
ChartMill assigns a technical rating of 1 / 10 to AVAH.
What is the trend direction for AVAH stock?
The current trend direction for AVEANNA HEALTHCARE HOLDINGS (AVAH) is Bearish.
Can you provide the RSI signal for AVEANNA HEALTHCARE HOLDINGS?
AVEANNA HEALTHCARE HOLDINGS (AVAH) has an RSI value of 36.4246. This indicates that the stock is currently neutral.
What is the buy/sell signal for AVAH stock?
The buy/sell signal for AVEANNA HEALTHCARE HOLDINGS (AVAH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for AVEANNA HEALTHCARE HOLDINGS (AVAH) stock?
AVEANNA HEALTHCARE HOLDINGS (AVAH) has a support level at 6.35 and a resistance level at 7.08. Check the full technical report for our detailed analysis of AVAH support and resistance levels.