AVEANNA HEALTHCARE HOLDINGS (AVAH) Stock Technical Analysis
NASDAQ:AVAH - Nasdaq - US05356F1057 - Common Stock - Currency: USD
Overall AVAH gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVAH is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AVAH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 102 stocks in the same industry.
AVAH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVAH is performing more or less in line with the market.
Looking at the yearly performance, AVAH did better than 96% of all other stocks. On top of that, AVAH also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month AVAH has a been trading in the 4.44 - 6.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVAH 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
4.19
6.07
3 important support areas can be observed.
- A support zone ranging from 5.27 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.67 from a trend line in the daily time frame.
- Support @4.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.95 to 6.01. 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 AVAH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVAH is neutral. |
| ChartMill Relative Strength | 96.37 | POSITIVE | AVAH has a high relative strength, it outperformed 96.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVAH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVAH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVAH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.45 | NEUTRAL | The RSI value for AVAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AVAH has a negative trend. |
| Stochastics (14,3) | 53.59 | NEUTRAL | The Stochastics value for AVAH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for AVAH suggests high volalility. |
| Average Directional Index/ADX (14) | 26.73 | POSITIVE | The high ADX value value for AVAH 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)
5.32
-0.03 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.56%
1 Week-11.19%
2 Weeks-1.48%
1 Month16.41%
3 Month25.77%
6 Month-8.9%
12 Month90%
2 Year350.85%
3 Year72.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.99%
ATR Inc-53.45%
Range Today0.18
ADR(20)0.29
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.37
Mansfield1.32
10 Day High6.04
10 Day Low5.16
20 Day High6.11
20 Day Low4.44
52 Week High6.19
52 Week Low2.32
CS1 End5.31
CR1 Start5.95
Volume & EV
DER(3)-2.31%
DER(5)-2.55%
Volume499.30K
Volume Incr97.35%
Vol(5)832.34K
Vol(50)416.24K