AVIDIA BANCORP INC (AVBC) Stock Technical Analysis
USA - NYSE:AVBC - US05369T1007 - Common Stock
Overall AVBC gets a technical rating of 4 out of 10. In the last year, AVBC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
AVBC 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 a resistance zone just above the current price starting at 15.84. Right above this resistance zone may be a good entry point.
More info and screens
14.93
We found 1 important support area.
- A support zone ranging from 15.08 to 15.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.84 to 15.93. 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 AVBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVBC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVBC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVBC is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 60.52 | NEUTRAL | The RSI value for AVBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests AVBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.57 | OVERBOUGHT | The high Stochastics value suggests AVBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for AVBC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for AVBC suggests a possible start of a new trend. |
15.83
-0.04 (-0.25%)