Avadel Pharmaceuticals PLC (AVDL) Technical Analysis
NASDAQ:AVDL • IE00BDGMC594
Current stock price
AVDL Technical Rating and Analysis
We assign a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AVDL is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by AVDL over the past year are nicely spread over this period.
- AVDL is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. AVDL outperforms 87% 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 has an average volume of 2212260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AVDL has a been trading in a tight range between 21.48 and 21.76.
- Volume is considerably higher in the last couple of days.
AVDL Weekly and Daily overview Charts
AVDL Setup Rating and Analysis
AVDL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AVDL Support and Resistance Analysis
19.94
We found 3 important support areas.
- A support zone ranging from 21.31 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.52 from a trend line in the weekly time frame.
- Support @20.14 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.56 to 23.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVDL 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 | 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 | 94.6 | POSITIVE | AVDL has a high relative strength, it outperformed 94.6% 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) | UP | POSITIVE | The current price of AVDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.58 | NEUTRAL | The RSI value for AVDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AVDL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.22 | NEUTRAL | The Stochastics value for AVDL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for AVDL suggests low volalility. |
| Average Directional Index/ADX (14) | 45.57 | POSITIVE | The high ADX value value for AVDL suggests a strong trend. |
AVDL Chart- and CandleStick Pattern Analysis
AVDL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.77 | 21.53 | 0.24 (1.10%) | 25.00% |
| An entry @21.77. This is a Buy Stop order right above the 10 day high. | An exit @21.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 1.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AVDL Technicals: Chart, Performance Metrics, Trend & Indicators
21.64
+0.01 (+0.05%)
Avadel Pharmaceuticals PLC / AVDL TA FAQ
Can you provide the ChartMill technical rating for Avadel Pharmaceuticals PLC?
ChartMill assigns a technical rating of 10 / 10 to AVDL.
What is the trend direction for AVDL stock?
The current trend direction for Avadel Pharmaceuticals PLC (AVDL) is Bullish.
Can you provide the RSI signal for Avadel Pharmaceuticals PLC?
Avadel Pharmaceuticals PLC (AVDL) has an RSI value of 61.5828. This indicates that the stock is currently neutral.
What is the short term momentum for Avadel Pharmaceuticals PLC (AVDL) stock?
The short term momentum for Avadel Pharmaceuticals PLC (AVDL) is positive.
What is the support and resistance level for AVDL stock?
Avadel Pharmaceuticals PLC (AVDL) has a support level at 21.6 and a resistance level at 23.56. Check the full technical report for our detailed analysis of AVDL support and resistance levels.