NYSEARCA:AVEM - NYSE Arca - US0250726041 - ETF - Currency: USD
Taking everything into account, AVEM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVEM is only an average performer.
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
We found 2 important support areas.
We found 1 important resistance area.
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 (6/9/2025, 4:10:02 PM)
67.1
+0.53 (+0.8%)