AVEANNA HEALTHCARE HOLDINGS (AVAH) Technical Analysis
NASDAQ:AVAH • US05356F1057
Current stock price
AVAH Technical Rating and Analysis
Taking everything into account, AVAH scores 0 out of 10 in our technical rating. AVAH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 71% of all other stocks performed better in the past year than AVAH.
- In the last month AVAH has a been trading in the 5.93 - 7.52 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 has an average volume of 1169860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AVAH is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, AVAH did better than 50% 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
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
AVAH Support and Resistance Analysis
3.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.33 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.51 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.
- A resistance zone ranging from 6.99 to 7.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.78 from a trend line in the weekly time frame.
- Resistance @9.39 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 | 29.62 | NEGATIVE | AVAH has a low relative strength, it was outperformed by 70.38% 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) | UP | MIXED | The current price of AVAH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.62 | OVERSOLD | The low RSI value suggests AVAH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AVAH has a negative trend. |
| Stochastics (14,3) | 25.49 | NEUTRAL | The Stochastics value for AVAH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAH suggests some volalility. |
| Average Directional Index/ADX (14) | 31.16 | 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
6.52
+0.18 (+2.84%)
AVEANNA HEALTHCARE HOLDINGS / AVAH TA FAQ
What is the ChartMill technical rating of AVEANNA HEALTHCARE HOLDINGS (AVAH) stock?
ChartMill assigns a technical rating of 0 / 10 to AVAH.
What is the trend direction for AVAH stock?
The current trend direction for AVEANNA HEALTHCARE HOLDINGS (AVAH) is Bearish.
What is the RSI signal for AVEANNA HEALTHCARE HOLDINGS (AVAH) stock?
AVEANNA HEALTHCARE HOLDINGS (AVAH) has an RSI value of 26.6249. This indicates that the stock is currently oversold.
Can you provide the MACD signal for AVEANNA HEALTHCARE HOLDINGS?
The MACD indicator for AVEANNA HEALTHCARE HOLDINGS (AVAH) has a value of -0.0248304, indicating a bearish trend.
What is the support and resistance level for AVAH stock?
AVEANNA HEALTHCARE HOLDINGS (AVAH) has a support level at 4.51 and a resistance level at 6.99. Check the full technical report for our detailed analysis of AVAH support and resistance levels.