AVIDBANK HOLDINGS INC (AVBH) Stock Technical Analysis
NASDAQ:AVBH • US05368J1034
We assign a technical rating of 7 out of 10 to AVBH. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AVBH is a bad performer.
- When comparing the yearly performance of all stocks, AVBH is a bad performer in the overall market: 100% of all stocks are doing better.
- AVBH is part of the Banks industry. There are 381 other stocks in this industry, of which 95% are performing better than AVBH.
- Both the short term and long term trends are positive. This is a very positive sign.
- AVBH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AVBH has an excellent technical rating, but the quality of the setup is only medium 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
25.87
We found 2 important support areas.
- A support zone ranging from 27.71 to 27.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.10 to 30.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 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) | UP | POSITIVE | The current price of AVBH is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.33 | NEUTRAL | The RSI value for AVBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests AVBH has a negative trend. |
| Stochastics (14,3) | 63.8 | NEUTRAL | The Stochastics value for AVBH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for AVBH suggests some volalility. |
| Average Directional Index/ADX (14) | 31.28 | POSITIVE | The high ADX value value for AVBH suggests a strong trend. |
29.8
+0.28 (+0.93%)
AVIDBANK HOLDINGS INC / AVBH FAQ
What is the technical rating for AVBH stock?
ChartMill assigns a technical rating of 7 / 10 to AVBH.
Can you provide the trend direction for AVIDBANK HOLDINGS INC?
The current trend direction for AVIDBANK HOLDINGS INC (AVBH) is Bullish.
What is the RSI signal for AVIDBANK HOLDINGS INC (AVBH) stock?
AVIDBANK HOLDINGS INC (AVBH) has an RSI value of 61.3327. This indicates that the stock is currently neutral.
What is the MACD signal for AVBH stock?
The MACD indicator for AVIDBANK HOLDINGS INC (AVBH) has a value of -0.125318, indicating a bearish trend.
Can you provide the short term momentum for AVIDBANK HOLDINGS INC?
The short term momentum for AVIDBANK HOLDINGS INC (AVBH) is positive.