Overall AVAV gets a technical rating of 3 out of 10. Although AVAV 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.
The technical rating of AVAV 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.
262.14
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 AVAV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVAV is down. |
| ChartMill Relative Strength | 89.71 | POSITIVE | AVAV has a high relative strength, it outperformed 89.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVAV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.44 | OVERSOLD | The low RSI value suggests AVAV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.12 | NEGATIVE | The MACD value suggests AVAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.24 | OVERSOLD | The low Stochastics value suggests AVAV may be oversold. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for AVAV suggests high volalility. |
| Average Directional Index/ADX (14) | 30.72 | POSITIVE | The high ADX value value for AVAV suggests a strong trend. |
272.54
-1.44 (-0.53%)
ChartMill assigns a technical rating of 3 / 10 to AVAV.
The current trend direction for AEROVIRONMENT INC (AVAV) is Bearish.
AEROVIRONMENT INC (AVAV) has an RSI value of 25.4441. This indicates that the stock is currently oversold.
The short term momentum for AEROVIRONMENT INC (AVAV) is negative.