AVIDBANK HOLDINGS INC (AVBH) Technical Analysis
NASDAQ:AVBH • US05368J1034
Current stock price
AVBH Technical Rating and Analysis
Overall AVBH gets a technical rating of 6 out of 10. Although AVBH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than AVBH.
- AVBH is part of the Banks industry. There are 376 other stocks in this industry, of which 94% are performing better than AVBH.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month AVBH has a been trading in the 27.63 - 30.82 range, which is quite wide. It is currently trading near the high of this range.
AVBH Weekly and Daily overview Charts
AVBH Setup Rating and Analysis
Although the technical rating is only medium, AVBH does present a nice setup opportunity. 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 30.51. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AVBH Support and Resistance Analysis
25.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.91 to 30.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.66 to 27.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.13 to 26.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.51 to 30.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVBH 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 | UP | POSITIVE | The long term trend for AVBH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVBH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVBH 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 AVBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVBH is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for AVBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AVBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.57 | NEUTRAL | The Stochastics value for AVBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for AVBH suggests some volalility. |
| Average Directional Index/ADX (14) | 35.03 | POSITIVE | The high ADX value value for AVBH suggests a strong trend. |
AVBH Chart- and CandleStick Pattern Analysis
AVBH Example Setup
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 |
|---|---|---|---|
| 30.74 | 29.90 | 0.84 (2.73%) | 25.00% |
| An entry @30.74. This is a Buy Stop order right above the resistance zone. | An exit @29.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.84 points, which is 2.73%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AVBH. Please evaluate whether better entry and exit points can be found.
- 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.
AVBH Technicals: Chart, Performance Metrics, Trend & Indicators
30.15
-0.26 (-0.85%)
AVIDBANK HOLDINGS INC / AVBH TA FAQ
What is the technical rating for AVBH stock?
ChartMill assigns a technical rating of 6 / 10 to AVBH.
Can you provide the trend direction for AVIDBANK HOLDINGS INC?
The current trend direction for AVIDBANK HOLDINGS INC (AVBH) is Bullish.
Can you provide the RSI signal for AVIDBANK HOLDINGS INC?
AVIDBANK HOLDINGS INC (AVBH) has an RSI value of 61.8886. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVIDBANK HOLDINGS INC?
The MACD indicator for AVIDBANK HOLDINGS INC (AVBH) has a value of 0.0823701, indicating a bearish trend.
What is the support and resistance level for AVBH stock?
AVIDBANK HOLDINGS INC (AVBH) has a support level at 30.07 and a resistance level at 30.51. Check the full technical report for our detailed analysis of AVBH support and resistance levels.