GRUPO AVAL ACCIONES Y VALORE (AVAL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AVAL • US40053W1018
We assign a technical rating of 10 out of 10 to AVAL. Both in the recent history as in the last year, AVAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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.
- Looking at the yearly performance, AVAL did better than 89% of all other stocks. We also observe that the gains produced by AVAL over the past year are nicely spread over this period.
- AVAL is one of the better performing stocks in the Banks industry, it outperforms 91% of 383 stocks in the same industry.
- AVAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVAL is lagging the market slightly.
- In the last month AVAL has a been trading in the 4.11 - 5.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AVAL has an excellent technical rating, it does not offer a high 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
3.41
We found 4 important support areas.
- A support zone ranging from 4.29 to 4.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.03 to 4.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.96 from a horizontal line in the daily time frame.
- Support @3.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.82 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 AVAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVAL is neutral. |
| ChartMill Relative Strength | 89.77 | POSITIVE | AVAL has a high relative strength, it outperformed 89.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVAL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.14 | NEUTRAL | The RSI value for AVAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVAL has a negative trend. |
| Stochastics (14,3) | 32.94 | NEUTRAL | The Stochastics value for AVAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for AVAL suggests a strong trend. |
4.58
+0.08 (+1.78%)
GRUPO AVAL ACCIONES Y VALORE / AVAL FAQ
What is the technical rating for AVAL stock?
ChartMill assigns a technical rating of 10 / 10 to AVAL.
Can you provide the trend direction for GRUPO AVAL ACCIONES Y VALORE?
The current trend direction for GRUPO AVAL ACCIONES Y VALORE (AVAL) is Bullish.
What is the RSI signal for AVAL stock?
GRUPO AVAL ACCIONES Y VALORE (AVAL) has an RSI value of 50.139. This indicates that the stock is currently neutral.
What is the short term momentum for GRUPO AVAL ACCIONES Y VALORE (AVAL) stock?
The short term momentum for GRUPO AVAL ACCIONES Y VALORE (AVAL) is neutral.
What is the support and resistance level for AVAL stock?
GRUPO AVAL ACCIONES Y VALORE (AVAL) has a support level at 4.34 and a resistance level at 4.82. Check the full technical report for our detailed analysis of AVAL support and resistance levels.