AVADEL PHARMACEUTICALS (AVDL) Stock Technical Analysis
NASDAQ:AVDL - IE00BDGMC594 - Common Stock
14.76 USD
+0.14 (+0.96%)
14.76 USD
0 (0%)
We assign a technical rating of 9 out of 10 to AVDL. Both in the recent history as in the last year, AVDL has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 193 other stocks in this industry. AVDL outperforms 70% of them.
AVDL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVDL is lagging the market slightly.
AVDL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AVDL has an average volume of 1356630 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.
AVDL has an excellent technical rating, but the quality of the setup is only medium 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
8.79
15.40
We found 5 important support areas.
- A support zone ranging from 14.43 to 14.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.13 from a trend line in the daily time frame.
- Support @10.41 from a trend line in the daily time frame.
- Support @10.24 from a trend line in the weekly time frame.
- Support @8.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.25 to 15.25. This zone is formed by a combination of multiple trend lines 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 AVDL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVDL is up. |
| ChartMill Relative Strength | 85.13 | POSITIVE | AVDL has a high relative strength, it outperformed 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVDL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVDL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71 | OVERBOUGHT | The high RSI value suggests AVDL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AVDL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.97 | NEUTRAL | The Stochastics value for AVDL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for AVDL suggests some volalility. |
| Average Directional Index/ADX (14) | 63.88 | POSITIVE | The high ADX value value for AVDL suggests a strong 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)
14.76
+0.14 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.96%
1 Week-1.35%
2 Weeks8.3%
1 Month39.11%
3 Month60.48%
6 Month84.83%
12 Month-3.63%
2 Year8.22%
3 Year120.18%
5 Year100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%4.57%
ATR Inc-43.5%
Range Today0.4
ADR(20)0.63
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.13
Mansfield2.73
10 Day High15.59
10 Day Low13.38
20 Day High15.59
20 Day Low10.42
52 Week High16.66
52 Week Low6.38
CS1 End14.61
CR1 Start15.25
Volume & EV
DER(3)-0.17%
DER(5)-1.3%
Volume1.65M
Volume Incr5.63%
Vol(5)1.27M
Vol(50)1.36M