AVALON GLOBOCARE CORP (AVCO) Stock Technical Analysis
NASDAQ:AVCO - Nasdaq - US05344R1041 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AVCO. In the past year, AVCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
81% of all other stocks performed better in the past year than AVCO.
AVCO is one of the lesser performing stocks in the Real Estate Management & Development industry. 64% of 65 stocks in the same industry do better.
AVCO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVCO is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month AVCO has a been trading in the 0.38 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AVCO is bad and it also does not present a quality setup 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
0.51
0.78
We found 1 important support area.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
6 important resistance areas can be observed.
- Resistance @0.56 from a horizontal line in the weekly time frame.
- Resistance @0.62 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.71 from a horizontal line in the daily time frame.
- Resistance @0.73 from a trend line in the daily time frame.
- Resistance @0.77 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 | NEUTRAL | NEUTRAL | The long term trend for AVCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVCO is up. |
| ChartMill Relative Strength | 19.6 | NEGATIVE | AVCO has a low relative strength, it was outperformed by 80.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVCO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for AVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AVCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.13 | NEUTRAL | The Stochastics value for AVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.08 | HIGH VOLATILITY | The high ATR as a percentage value for AVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for AVCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.5259
-0.1 (-16.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-16.52%
1 Week37.63%
2 Weeks7.04%
1 Month4.7%
3 Month-25.32%
6 Month16.92%
12 Month-49.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%13.08%
ATR Inc158.92%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.6
Mansfield-0.85
10 Day High0.75
10 Day Low0.38
20 Day High0.75
20 Day Low0.38
52 Week High1.07
52 Week Low0.38
CS1 End0.52
CR1 Start0.56
Volume & EV
DER(3)-3.07%
DER(5)0.56%
Volume441.10K
Volume Incr522.19%
Vol(5)869.06K
Vol(50)206.32K