We assign a technical rating of 10 out of 10 to AVDE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVDE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AVDE is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by AVDE over the past year are nicely spread over this period.
- AVDE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AVDE has a been trading in a tight range between 81.58 and 85.61.
- Volume is considerably higher in the last couple of days.
Although AVDE has an excellent technical rating, it does not offer a high 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
60.66
3 important support areas can be observed.
- A support zone ranging from 81.71 to 83.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.21 to 79.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.27 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.76 to 85.55. 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 AVDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVDE is up. |
| ChartMill Relative Strength | 83.76 | POSITIVE | AVDE has a high relative strength, it outperformed 83.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVDE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.22 | NEUTRAL | The RSI value for AVDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AVDE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.23 | OVERBOUGHT | The high Stochastics value suggests AVDE may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for AVDE suggests low volalility. |
| Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for AVDE suggests a strong trend. |
84.67
-0.88 (-1.03%)
AVANTIS INTERNATIONAL EQUITY / AVDE FAQ
What is the technical rating for AVDE stock?
ChartMill assigns a technical rating of 10 / 10 to AVDE.
What is the current trend direction of AVANTIS INTERNATIONAL EQUITY (AVDE) stock?
The current trend direction for AVANTIS INTERNATIONAL EQUITY (AVDE) is Bullish.
Can you provide the RSI signal for AVANTIS INTERNATIONAL EQUITY?
AVANTIS INTERNATIONAL EQUITY (AVDE) has an RSI value of 61.2161. This indicates that the stock is currently neutral.
What is the MACD signal for AVDE stock?
The MACD indicator for AVANTIS INTERNATIONAL EQUITY (AVDE) has a value of 0.0478175, indicating a bearish trend.
What is the support and resistance level for AVDE stock?
AVANTIS INTERNATIONAL EQUITY (AVDE) has a support level at 83.74 and a resistance level at 84.76. Check the full technical report for our detailed analysis of AVDE support and resistance levels.