Taking everything into account, AVBP scores 6 out of 10 in our technical rating. AVBP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
AVBP 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 very little resistance above the current price. We notice that large players showed an interest for AVBP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.01
When analyzing the support we can see 6 important areas.
- A support zone ranging from 21.51 to 21.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.96 to 21.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.04 from a horizontal line in the daily time frame.
- Support @18.37 from a trend line in the weekly time frame.
- A support zone ranging from 17.51 to 17.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @24.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 24.69 to 24.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.42 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 AVBP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVBP is neutral. |
| ChartMill Relative Strength | 51.09 | NEUTRAL | AVBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVBP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for AVBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests AVBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.47 | NEUTRAL | The Stochastics value for AVBP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for AVBP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.79 | NEGATIVE | The low ADX value for AVBP suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 24.19 | 21.50 | 2.69 (11.12%) | 8.99% |
| An entry @24.19. This is a Buy Stop order right above the resistance zone. | An exit @21.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.69 points, which is 11.12%. | For a 1.00% total portfolio risk, you can invest 8.99% of your capital in this trade. |
- 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.
22.29
-0.03 (-0.13%)
ARRIVENT BIOPHARMA INC / AVBP FAQ
Can you provide the ChartMill technical rating for ARRIVENT BIOPHARMA INC?
ChartMill assigns a technical rating of 6 / 10 to AVBP.
What is the trend direction for AVBP stock?
The current trend direction for ARRIVENT BIOPHARMA INC (AVBP) is Bullish.
What is the RSI signal for ARRIVENT BIOPHARMA INC (AVBP) stock?
ARRIVENT BIOPHARMA INC (AVBP) has an RSI value of 50.0233. This indicates that the stock is currently neutral.
What is the MACD signal for AVBP stock?
The MACD indicator for ARRIVENT BIOPHARMA INC (AVBP) has a value of -0.330823, indicating a bearish trend.
Can you provide the support and resistance levels for ARRIVENT BIOPHARMA INC?
ARRIVENT BIOPHARMA INC (AVBP) has a support level at 21.62 and a resistance level at 24.18. Check the full technical report for our detailed analysis of AVBP support and resistance levels.