(AVAX.AS) Technical Analysis
AMS:AVAX
Current stock price
AVAX.AS Technical Rating and Analysis
Overall AVAX gets a technical rating of 0 out of 10. AVAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than AVAX.
- AVAX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AVAX has a been trading in the 1.59 - 4.03 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AVAX has an average volume of 5003 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
AVAX.AS Weekly and Daily overview Charts
AVAX.AS Setup Rating and Analysis
The technical rating of AVAX 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.
More info and screens
AVAX.AS Support and Resistance Analysis
1.72
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AVAX.AS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AVAX.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVAX.AS is down. |
| ChartMill Relative Strength | 0.61 | NEGATIVE | AVAX.AS has a low relative strength, it was outperformed by 99.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVAX.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVAX.AS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.64 | NEUTRAL | The RSI value for AVAX.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVAX.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.83 | OVERSOLD | The low Stochastics value suggests AVAX.AS may be oversold. |
| Average True Range in percent/ATR (20) | 13.23 | HIGH VOLATILITY | The high ATR as a percentage value for AVAX.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for AVAX.AS suggests a strong trend. |
AVAX.AS Chart- and CandleStick Pattern Analysis
AVAX.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ AVAX.AS TA FAQ
Can you provide the ChartMill technical rating for ?
ChartMill assigns a technical rating of 0 / 10 to AVAX.AS.
What is the trend direction for AVAX stock?
The current trend direction for (AVAX.AS) is Bearish.
What is the RSI signal for AVAX stock?
(AVAX.AS) has an RSI value of 32.6436. This indicates that the stock is currently neutral.
What is the buy/sell signal for (AVAX.AS) stock?
The buy/sell signal for (AVAX.AS) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for (AVAX.AS) stock?
(AVAX.AS) has a resistance level at 1.74. Check the full technical report for our detailed analysis of AVAX.AS support and resistance levels.