AVADEL PHARMACEUTICALS (AVDL)

IE00BDGMC594 - Common Stock

19.075  +0.77 (+4.23%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to AVDL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVDL is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
AVDL is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. AVDL outperforms 74% of them.
A new 52 week high is currently being made by AVDL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AVDL is leading the market.
In the last month AVDL has a been trading in the 15.25 - 19.04 range, which is quite wide. It is currently trading near the high of this range.
AVDL has an average volume of 1251830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AVDL did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AVDL Weekly chart
AVDL Daily chart
Setup Rating and Analysis

4

Although AVDL has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

12.60

19.27

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 18.31 to 18.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.39 to 17.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 15.77 to 15.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 14.09 to 14.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.73 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.76
Mansfield2.05
10 Day High19.04
10 Day Low16.7
20 Day High19.04
20 Day Low15.25
52 Week High19.04
52 Week Low9.5
Performance
1 Week2.69%
2 Weeks5.29%
1 Month10.31%
3 Month24.57%
6 Month68.2%
12 Month22.33%
2 Year728.05%
3 Year137.97%
5 Year976.47%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)63.92
LBB17.01
UBB18.59
AVDL Daily chart

AVADEL PHARMACEUTICALS

NASDAQ:AVDL (5/3/2024, 11:26:05 AM)

19.075

+0.77 (+4.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.23%
1 Week2.69%
2 Weeks5.29%
1 Month10.31%
3 Month24.57%
6 Month68.2%
12 Month22.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.06
ATR(20)%5.38%
ATR Inc
Range Today1.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.04
10 Day Low16.7
20 Day High19.04
20 Day Low15.25
52 Week High19.04
52 Week Low9.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume353.63K
Volume Incr-20.68%
Vol(5)747.54K
Vol(50)1.25M