Taking everything into account, AVEM scores 5 out of 10 in our technical rating. In the last year, AVEM was one of the better performers, but we do observe some doubts in the very recent evolution.
AVEM has an average technical rating and it also 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
55.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 74.16 to 74.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.55 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.48 to 78.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 AVEM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVEM is down. |
| ChartMill Relative Strength | 77.48 | POSITIVE | AVEM has a high relative strength, it outperformed 77.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVEM is below a declining 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) | 40.92 | NEUTRAL | The RSI value for AVEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests AVEM has a negative trend. |
| Stochastics (14,3) | 12.08 | OVERSOLD | The low Stochastics value suggests AVEM may be oversold. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for AVEM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for AVEM suggests a weak or negative trend. |
75.06
+0.9 (+1.21%)
AVANTIS EMERGING MARKETS EQ / AVEM FAQ
Can you provide the ChartMill technical rating for AVANTIS EMERGING MARKETS EQ?
ChartMill assigns a technical rating of 5 / 10 to AVEM.
What is the trend direction for AVEM stock?
The current trend direction for AVANTIS EMERGING MARKETS EQ (AVEM) is Bullish.
Can you provide the RSI signal for AVANTIS EMERGING MARKETS EQ?
AVANTIS EMERGING MARKETS EQ (AVEM) has an RSI value of 40.9191. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVANTIS EMERGING MARKETS EQ?
The MACD indicator for AVANTIS EMERGING MARKETS EQ (AVEM) has a value of -0.265032, indicating a bearish trend.
Can you provide the buy/sell signal for AVANTIS EMERGING MARKETS EQ?
The buy/sell signal for AVANTIS EMERGING MARKETS EQ (AVEM) is hold as the short term and long term trends are mixed.