AVANTIS ALL EQTY MRKTS ETF (AVGE) Technical Analysis
NYSEARCA:AVGE • US0250722321
Current stock price
AVGE Technical Rating and Analysis
Overall AVGE gets a technical rating of 4 out of 10. In the last year, AVGE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- When comparing the yearly performance of all stocks, we notice that AVGE is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by AVGE over the past year are nicely spread over this period.
- AVGE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVGE is performing more or less in line with the market.
- In the last month AVGE has a been trading in the 85.32 - 90.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AVGE Weekly and Daily overview Charts
AVGE Setup Rating and Analysis
Although the technical rating is only medium, AVGE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 88.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AVGE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AVGE Support and Resistance Analysis
84.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 87.41 to 88.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 85.11 to 86.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 93.57 to 93.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVGE Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AVGE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVGE is down. |
| ChartMill Relative Strength | 74.13 | POSITIVE | AVGE has a high relative strength, it outperformed 74.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVGE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.18 | NEUTRAL | The RSI value for AVGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AVGE has a positive trend. |
| Stochastics (14,3) | 73.11 | NEUTRAL | The Stochastics value for AVGE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for AVGE suggests low volalility. |
| Average Directional Index/ADX (14) | 33.47 | POSITIVE | The high ADX value value for AVGE suggests a strong trend. |
AVGE Chart- and CandleStick Pattern Analysis
AVGE Technicals: Chart, Performance Metrics, Trend & Indicators
88.55
-0.05 (-0.06%)
AVANTIS ALL EQTY MRKTS ETF / AVGE TA FAQ
Can you provide the ChartMill technical rating for AVANTIS ALL EQTY MRKTS ETF?
ChartMill assigns a technical rating of 4 / 10 to AVGE.
Can you provide the trend direction for AVANTIS ALL EQTY MRKTS ETF?
The current trend direction for AVANTIS ALL EQTY MRKTS ETF (AVGE) is Bearish.
What is the RSI signal for AVANTIS ALL EQTY MRKTS ETF (AVGE) stock?
AVANTIS ALL EQTY MRKTS ETF (AVGE) has an RSI value of 49.1846. This indicates that the stock is currently neutral.
What is the MACD signal for AVANTIS ALL EQTY MRKTS ETF (AVGE) stock?
The MACD indicator for AVANTIS ALL EQTY MRKTS ETF (AVGE) has a value of 0.139098, indicating a bearish trend.
What are the support and resistance levels for AVANTIS ALL EQTY MRKTS ETF (AVGE) stock?
AVANTIS ALL EQTY MRKTS ETF (AVGE) has a support level at 88.52 and a resistance level at 93.57. Check the full technical report for our detailed analysis of AVGE support and resistance levels.