AVEANNA HEALTHCARE HOLDINGS (AVAH) Stock Technical Analysis
NASDAQ:AVAH - Nasdaq - US05356F1057 - Common Stock - Currency: USD
Overall AVAH gets a technical rating of 0 out of 10. 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.
91% of all other stocks performed better in the past year than AVAH.
AVAH is one of the lesser performing stocks in the Health Care Providers & Services industry. 63% of 103 stocks in the same industry do better.
AVAH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AVAH has a been trading in the 3.73 - 4.35 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, AVAH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.73, a Stop Loss order could be placed below this zone.
More info and screens
3.63
6.01
When analyzing the support we notice one important area.
- A support zone ranging from 3.67 to 3.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @4.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.56 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.80 from a trend line in the daily time frame.
- Resistance @5.84 from a horizontal line in the weekly time frame.
- 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 | 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 | 9.33 | NEGATIVE | AVAH has a low relative strength, it was outperformed by 90.67% 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) | 38.39 | NEUTRAL | The RSI value for AVAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AVAH has a positive trend. |
| Stochastics (14,3) | 16.13 | OVERSOLD | The low Stochastics value suggests AVAH may be oversold. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for AVAH suggests a possible start of a new 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)
3.89
+0.11 (+2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.91%
1 Week-2.51%
2 Weeks-4.66%
1 Month-8.9%
3 Month-27.96%
6 Month-16.7%
12 Month-17.41%
2 Year170.14%
3 Year113.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%3.92%
ATR Inc22.21%
Range Today0.22
ADR(20)0.14
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.33
Mansfield-2.71
10 Day High4.08
10 Day Low3.73
20 Day High4.35
20 Day Low3.73
52 Week High6.19
52 Week Low3.67
CS1 End3.73
CR1 Start4.09
Volume & EV
DER(3)0.61%
DER(5)-3.18%
Volume488.80K
Volume Incr-0.46%
Vol(5)409.50K
Vol(50)468.14K