AVDR US LargeCap Leading (AVDR) Stock Technical Analysis
NYSEARCA:AVDR - NYSE Arca - US64157X1046 - ETF
We assign a technical rating of 0 out of 10 to AVDR. AVDR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
64% of all other stocks performed better in the past year than AVDR.
AVDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AVDR has an average volume of 18758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AVDR has a been trading in the 23.25 - 25.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
AVDR has a poor technical rating and the quality of the setup is also not perfect 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
23.13
30.12
We found 2 important support areas.
- A support zone ranging from 24.17 to 24.23. 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 23.36 to 23.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 25.00 to 25.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.64 to 26.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.82 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 | DOWN | NEGATIVE | The long term trend for AVDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVDR is down. |
| ChartMill Relative Strength | 36.07 | NEUTRAL | AVDR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVDR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.45 | NEUTRAL | The RSI value for AVDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AVDR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.5 | NEUTRAL | The Stochastics value for AVDR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for AVDR suggests low volalility. |
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)
NYSEARCA:AVDR (7/11/2022, 8:22:59 PM)
24.255
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week-0.59%
2 Weeks-2.54%
1 Month-5.21%
3 Month-14.75%
6 Month-19.89%
12 Month-17.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.89%
ATR Inc50.26%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.07
Mansfield-0.48
10 Day High25.15
10 Day Low23.94
20 Day High25.15
20 Day Low23.25
52 Week High32.5
52 Week Low23.25
CS1 End24.23
CR1 Start25
Volume & EV
DER(3)0.88%
DER(5)2.7%
Volume2.00K
Volume Incr-90.57%
Vol(5)3.40K
Vol(50)18.76K