AVIDXCHANGE HOLDINGS INC (AVDX) Stock Technical Analysis
USA - NASDAQ:AVDX - US05368X1028 - Common Stock
Taking everything into account, AVDX scores 7 out of 10 in our technical rating. Although AVDX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AVDX has an excellent technical rating, it does not offer a high quality setup 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
9.64
We found 1 important support area.
- A support zone ranging from 9.74 to 9.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.01 to 10.01. 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 AVDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVDX is up. |
| ChartMill Relative Strength | 64.21 | NEUTRAL | AVDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.97 | NEUTRAL | The RSI value for AVDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVDX has a positive trend. |
| Stochastics (14,3) | 64.26 | NEUTRAL | The Stochastics value for AVDX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for AVDX suggests low volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for AVDX suggests a strong trend. |
10
0 (0%)
AVIDXCHANGE HOLDINGS INC / AVDX FAQ
What is the ChartMill technical rating of AVIDXCHANGE HOLDINGS INC (AVDX) stock?
ChartMill assigns a technical rating of 7 / 10 to AVDX.
What is the trend direction for AVDX stock?
The current trend direction for AVIDXCHANGE HOLDINGS INC (AVDX) is Bullish.
What is the RSI signal for AVDX stock?
AVIDXCHANGE HOLDINGS INC (AVDX) has an RSI value of 67.9674. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AVIDXCHANGE HOLDINGS INC?
The short term momentum for AVIDXCHANGE HOLDINGS INC (AVDX) is positive.
Can you provide the buy/sell signal for AVIDXCHANGE HOLDINGS INC?
The buy/sell signal for AVIDXCHANGE HOLDINGS INC (AVDX) is buy as both the short term and long term trends are positive.