Overall AVAV gets a technical rating of 7 out of 10. AVAV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although AVAV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
223.82
We found 5 important support 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 | UP | POSITIVE | The short term trend for AVAV is up. |
| ChartMill Relative Strength | 93.52 | POSITIVE | AVAV has a high relative strength, it outperformed 93.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVAV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVAV is above a declining 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) | 77.05 | OVERBOUGHT | The high RSI value suggests AVAV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 14.72 | POSITIVE | The MACD value suggests AVAV has a positive trend. |
| Stochastics (14,3) | 87.62 | OVERBOUGHT | The high Stochastics value suggests AVAV may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAV suggests some volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for AVAV suggests a strong trend. |
364.99
+20.03 (+5.81%)
ChartMill assigns a technical rating of 7 / 10 to AVAV.
The current trend direction for AEROVIRONMENT INC (AVAV) is Bearish.
AEROVIRONMENT INC (AVAV) has an RSI value of 77.0544. This indicates that the stock is currently overbought.
The short term momentum for AEROVIRONMENT INC (AVAV) is positive.