TSX-V:AVC - TSX Venture Exchange -
We assign a technical rating of 7 out of 10 to AVC. Although AVC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, AVC also presents 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 0.03. Right above this resistance zone may be a good entry point.
0.01
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 AVC.CA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVC.CA is neutral. |
ChartMill Relative Strength | 65.85 | NEUTRAL | AVC.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVC.CA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVC.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVC.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for AVC.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AVC.CA has a negative trend. |
Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for AVC.CA is a neutral value. |
Average True Range in percent/ATR (20) | 28 | HIGH VOLATILITY | The high ATR as a percentage value for AVC.CA suggests high volalility. |
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 |
---|---|---|---|
0.04 | 0.02 | 0.02 (60.00%) | 1.67% |
An entry @0.04. This is a Buy Stop order right above the 10 day moving average. | An exit @0.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.02 points, which is 60.00%. | When investing 1.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
0.025
0 (0%)