USA - NASDAQ:AVDL - IE00BDGMC594 - Common Stock
Taking everything into account, AVDL scores 10 out of 10 in our technical rating. 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.
Although AVDL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
11.92
We found 3 important support areas.
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 | 96.62 | POSITIVE | AVDL has a high relative strength, it outperformed 96.62% 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) | 92.24 | OVERBOUGHT | The high RSI value suggests AVDL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AVDL has a positive trend. |
| Stochastics (14,3) | 98.19 | OVERBOUGHT | The high Stochastics value suggests AVDL may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for AVDL suggests some volalility. |
| Average Directional Index/ADX (14) | 54.22 | POSITIVE | The high ADX value value for AVDL suggests a strong trend. |
23.56
+4.32 (+22.45%)
ChartMill assigns a technical rating of 10 / 10 to AVDL.
The current trend direction for AVADEL PHARMACEUTICALS (AVDL) is Bullish.
AVADEL PHARMACEUTICALS (AVDL) has an RSI value of 92.2425. This indicates that the stock is currently overbought.
The MACD indicator for AVADEL PHARMACEUTICALS (AVDL) has a value of 0.214689, indicating a bearish trend.
The buy/sell signal for AVADEL PHARMACEUTICALS (AVDL) is buy as both the short term and long term trends are positive.