AEROVIRONMENT INC (AVAV) Stock Technical Analysis
NASDAQ:AVAV - Nasdaq - US0080731088 - Common Stock - Currency: USD
Overall AVAV gets a technical rating of 8 out of 10. Although AVAV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AVAV is one of the lesser performing stocks in the Aerospace & Defense industry. 63% of 64 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month AVAV has a been trading in the 154.39 - 180.72 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, AVAV turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
AVAV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVAV is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AVAV has an excellent technical rating, it does not present a decent entry opportunity 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
112.23
183.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 174.31 to 176.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @161.11 from a horizontal line in the daily time frame.
- Support @113.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 178.04 to 178.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @181.57 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 | UP | POSITIVE | The short term trend for AVAV is up. |
| ChartMill Relative Strength | 63.55 | NEUTRAL | AVAV is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of AVAV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVAV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.42 | NEUTRAL | The RSI value for AVAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AVAV has a positive trend. |
| Stochastics (14,3) | 75.87 | NEUTRAL | The Stochastics value for AVAV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for AVAV suggests some volalility. |
| Average Directional Index/ADX (14) | 31.38 | 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)
178.03
+5.54 (+3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg3.21%
1 Week6.2%
2 Weeks7.58%
1 Month14.7%
3 Month18.99%
6 Month-8.47%
12 Month-11.93%
2 Year90.59%
3 Year93.6%
5 Year151.35%
10 Year588.7%
15 Year610.98%
Volatility
ATR(14)5.96
ATR(20)%3.43%
ATR Inc30.53%
Range Today8.47
ADR(20)5.96
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.55
Mansfield-0.13
10 Day High180.72
10 Day Low159.64
20 Day High180.72
20 Day Low154.39
52 Week High236.6
52 Week Low102.25
CS1 End176.85
CR1 Start178.04
Volume & EV
DER(3)-0.13%
DER(5)-2.01%
Volume1.09M
Volume Incr48.91%
Vol(5)544.14K
Vol(50)429.57K