AEROVIRONMENT INC (AVAV) Stock Technical Analysis
NASDAQ:AVAV - Nasdaq - US0080731088 - Common Stock - Currency: USD
Overall AVAV gets a technical rating of 7 out of 10. In the last year, AVAV was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month AVAV has a been trading in the 243.22 - 284.17 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 1623760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AVAV is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
AVAV is an average performer in the Aerospace & Defense industry, it outperforms 65% of 67 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although AVAV 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
240.89
281.36
We found 1 important support area.
- Support @243.32 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 263.74 to 270.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 278.08 to 278.57. This zone is formed by a combination of multiple trend lines 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 AVAV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVAV is neutral. |
| ChartMill Relative Strength | 90.97 | POSITIVE | AVAV has a high relative strength, it outperformed 90.97% 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 | POSITIVE | The current price of AVAV is above 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) | 44.38 | NEUTRAL | The RSI value for AVAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.44 | NEGATIVE | The MACD value suggests AVAV has a negative trend. |
| Stochastics (14,3) | 24.94 | NEUTRAL | The Stochastics value for AVAV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAV suggests some volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for AVAV suggests a strong 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)
247.45
-12.16 (-4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-4.68%
1 Week-4.85%
2 Weeks-9.32%
1 Month-6.2%
3 Month49.54%
6 Month39.86%
12 Month40.58%
2 Year155.02%
3 Year179.13%
5 Year223.93%
10 Year928.9%
15 Year994.91%
Volatility
ATR(14)11.79
ATR(20)%4.71%
ATR Inc55.32%
Range Today21.03
ADR(20)11.02
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.97
Mansfield2.25
10 Day High282.6
10 Day Low243.22
20 Day High284.17
20 Day Low243.22
52 Week High295.9
52 Week Low102.25
CS1 End243.32
CR1 Start263.74
Volume & EV
DER(3)-3.77%
DER(5)-2.13%
Volume1.09M
Volume Incr-53.5%
Vol(5)813.35K
Vol(50)1.62M