AVEANNA HEALTHCARE HOLDINGS (AVAH) Stock Technical Analysis
NASDAQ:AVAH - Nasdaq - US05356F1057 - Common Stock - Currency: USD
Taking everything into account, AVAH scores 3 out of 10 in our technical rating. Although AVAH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AVAH has a been trading in the 4.80 - 5.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
AVAH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 86% of 102 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, AVAH did better than 92% 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.
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.
The technical rating of AVAH 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
4.33
6.01
2 important support areas can be observed.
- A support zone ranging from 4.82 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.37 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.52 to 5.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.95 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AVAH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVAH is down. |
| ChartMill Relative Strength | 92.72 | POSITIVE | AVAH has a high relative strength, it outperformed 92.72% off all stocks 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) | DOWN | NEGATIVE | The current price of AVAH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.02 | NEUTRAL | The RSI value for AVAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AVAH has a negative trend. |
| Stochastics (14,3) | 2.98 | OVERSOLD | The low Stochastics value suggests AVAH may be oversold. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for AVAH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for AVAH suggests a weak or negative 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)
4.83
-0.09 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.83%
1 Week-11.21%
2 Weeks-12.66%
1 Month-15.26%
3 Month-8.7%
6 Month5.46%
12 Month88.67%
2 Year185.8%
3 Year113.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.57%
ATR Inc-51.1%
Range Today0.15
ADR(20)0.26
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.72
Mansfield-0.4
10 Day High5.86
10 Day Low4.8
20 Day High5.86
20 Day Low4.8
52 Week High6.19
52 Week Low2.32
CS1 End4.82
CR1 Start5.52
Volume & EV
DER(3)-5.32%
DER(5)-3.11%
Volume308.60K
Volume Incr-40.74%
Vol(5)410.19K
Vol(50)476.31K