AVADEL PHARMACEUTICALS (AVDL) Stock Technical Analysis
NASDAQ:AVDL - Nasdaq - IE00BDGMC594 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to AVDL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVDL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
AVDL has an average volume of 1414120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, AVDL outperforms 60% of them, which is more or less in line with the market.
AVDL is an average performer in the Pharmaceuticals industry, it outperforms 61% of 193 stocks in the same industry.
AVDL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVDL is lagging the market.
In the last month AVDL has a been trading in the 9.54 - 14.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
8.79
12.88
We found 3 important support areas.
- A support zone ranging from 11.00 to 11.09. 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 9.75 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.88 from a horizontal line in the daily time frame.
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 | 60.7 | NEUTRAL | AVDL is not amongst the best or worst performers 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) | 76.98 | OVERBOUGHT | The high RSI value suggests AVDL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AVDL has a positive trend. |
| Stochastics (14,3) | 62.07 | 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) | 41.03 | 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)
12.75
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.08%
1 Week15.07%
2 Weeks15.59%
1 Month32.67%
3 Month35.78%
6 Month57.21%
12 Month-17.79%
2 Year-5.63%
3 Year92.02%
5 Year74.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%4.57%
ATR Inc331.01%
Range Today0.62
ADR(20)0.55
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.7
Mansfield1.09
10 Day High14.23
10 Day Low10.42
20 Day High14.23
20 Day Low9.54
52 Week High16.84
52 Week Low6.38
CS1 End11.09
CR1 StartN/A
Volume & EV
DER(3)5.04%
DER(5)4.04%
Volume1.54M
Volume Incr68.02%
Vol(5)1.74M
Vol(50)1.41M