AVANTIS INTL S/C VALUE ETF (AVDV) Stock Technical Analysis
NYSEARCA:AVDV • US0250728021
Taking everything into account, AVDV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AVDV 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.
- Looking at the yearly performance, AVDV did better than 89% of all other stocks. On top of that, AVDV also shows a nice and consistent pattern of rising prices.
- AVDV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- AVDV 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.
AVDV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 106.05, a Stop Loss order could be placed below this zone.
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63.38
When analyzing the support we can see 6 important areas.
- A support zone ranging from 104.06 to 106.05. 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 98.41 to 100.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.62 to 92.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.58 from a horizontal line in the daily time frame.
- Support @85.18 from a horizontal line in the daily time frame.
- Support @64.02 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 107.70 to 108.01. 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 AVDV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVDV is up. |
| ChartMill Relative Strength | 89.09 | POSITIVE | AVDV has a high relative strength, it outperformed 89.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVDV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVDV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVDV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.13 | OVERBOUGHT | The high RSI value suggests AVDV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AVDV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests AVDV may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for AVDV suggests low volalility. |
| Average Directional Index/ADX (14) | 47.28 | POSITIVE | The high ADX value value for AVDV suggests a strong trend. |
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 |
|---|---|---|---|
| 108.02 | 104.05 | 3.97 (3.68%) | 25.00% |
| An entry @108.02. This is a Buy Stop order right above the resistance zone. | An exit @104.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.97 points, which is 3.68%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
107.69
+0.3 (+0.28%)
AVANTIS INTL S/C VALUE ETF / AVDV FAQ
Can you provide the ChartMill technical rating for AVANTIS INTL S/C VALUE ETF?
ChartMill assigns a technical rating of 10 / 10 to AVDV.
What is the current trend direction of AVANTIS INTL S/C VALUE ETF (AVDV) stock?
The current trend direction for AVANTIS INTL S/C VALUE ETF (AVDV) is Bullish.
What is the RSI signal for AVDV stock?
AVANTIS INTL S/C VALUE ETF (AVDV) has an RSI value of 70.1291. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for AVANTIS INTL S/C VALUE ETF?
The buy/sell signal for AVANTIS INTL S/C VALUE ETF (AVDV) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for AVANTIS INTL S/C VALUE ETF (AVDV) stock?
AVANTIS INTL S/C VALUE ETF (AVDV) has a support level at 106.05 and a resistance level at 107.7. Check the full technical report for our detailed analysis of AVDV support and resistance levels.