NYSEARCA:AVEM - NYSE Arca - US0250726041 - ETF - Currency: USD
Overall AVEM gets a technical rating of 8 out of 10. Although AVEM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AVEM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
55.98
When analyzing the support we can see 2 important 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 AVEM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVEM is up. |
ChartMill Relative Strength | 70.32 | POSITIVE | AVEM has a high relative strength, it outperformed 70.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVEM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVEM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVEM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 75.23 | OVERBOUGHT | The high RSI value suggests AVEM may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AVEM has a positive trend. |
Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests AVEM may be overbought. |
Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for AVEM suggests low volalility. |
Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for AVEM suggests a strong trend. |
NYSEARCA:AVEM (6/10/2025, 1:09:58 PM)
67.45
+0.35 (+0.52%)