AVALON GLOBOCARE CORP (AVCO) Technical Analysis
NASDAQ:AVCO • US05344R1041
Current stock price
AVCO Technical Rating and Analysis
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 currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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.
- AVCO is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, AVCO did better than 44% of them.
- 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.
AVCO Weekly and Daily overview Charts
AVCO Setup Rating and Analysis
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
AVCO Support and Resistance Analysis
0.51
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.
AVCO 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 | 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. |
AVCO Chart- and CandleStick Pattern Analysis
AVCO Technicals: Chart, Performance Metrics, Trend & Indicators
0.5259
-0.1 (-16.52%)
AVALON GLOBOCARE CORP / AVCO TA FAQ
What is the ChartMill technical rating of AVALON GLOBOCARE CORP (AVCO) stock?
ChartMill assigns a technical rating of 3 / 10 to AVCO.
What is the current trend direction of AVALON GLOBOCARE CORP (AVCO) stock?
The current trend direction for AVALON GLOBOCARE CORP (AVCO) is Bearish.
What is the RSI signal for AVCO stock?
AVALON GLOBOCARE CORP (AVCO) has an RSI value of 50.9746. This indicates that the stock is currently neutral.
What is the support and resistance level for AVCO stock?
AVALON GLOBOCARE CORP (AVCO) has a support level at 0.52 and a resistance level at 0.56. Check the full technical report for our detailed analysis of AVCO support and resistance levels.