AEROVIRONMENT INC (AVAV) Stock Technical Analysis
NASDAQ:AVAV - US0080731088 - Common Stock
241.35 USD
-7.58 (-3.05%)
241.35 USD
0 (0%)
Taking everything into account, AVAV scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
AVAV 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 AVAV is lagging the market slightly.
AVAV has an average volume of 1625070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AVAV did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AVAV is part of the Aerospace & Defense industry. There are 68 other stocks in this industry, AVAV did better than 61% of them.
In the last month AVAV has a been trading in the 227.55 - 276.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AVAV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 241.96, a Stop Loss order could be placed below this zone.
More info and screens
229.91
287.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 236.13 to 239.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @232.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @284.96 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 | UP | POSITIVE | The long term trend for AVAV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVAV is neutral. |
| ChartMill Relative Strength | 86.35 | POSITIVE | AVAV has a high relative strength, it outperformed 86.35% 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) | 50.86 | NEUTRAL | The RSI value for AVAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests AVAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.2 | NEUTRAL | The Stochastics value for AVAV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAV suggests some volalility. |
| Average Directional Index/ADX (14) | 14.87 | NEGATIVE | The low ADX value for AVAV suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 254.01 | 236.12 | 17.89 (7.04%) | 14.20% |
| An entry @254.01. This is a Buy Stop order right above the 10 day high. | An exit @236.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 17.89 points, which is 7.04%. | When investing 14.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
241.35
-7.58 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.05%
1 Week5.9%
2 Weeks-0.32%
1 Month-6.99%
3 Month39.82%
6 Month66.37%
12 Month22.17%
2 Year156.55%
3 Year180.8%
5 Year225.87%
10 Year935.05%
15 Year1001.46%
Volatility
ATR(14)9.36
ATR(20)%4.31%
ATR Inc-47.13%
Range Today14.49
ADR(20)10.4
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.35
Mansfield2.03
10 Day High254
10 Day Low227.55
20 Day High276.5
20 Day Low227.55
52 Week High295.9
52 Week Low102.25
CS1 End241.96
CR1 Start284.96
Volume & EV
DER(3)1.25%
DER(5)0.92%
Volume622.58K
Volume Incr-17.34%
Vol(5)652.84K
Vol(50)1.63M