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Avinger Inc (AVGR) Stock Technical Analysis

USA - NASDAQ:AVGR - US0537348775 - Common Stock

0.474 USD
-0.12 (-20.74%)
Last: 2/14/2025, 8:21:08 PM
0.57 USD
+0.1 (+20.25%)
After Hours: 2/14/2025, 8:21:08 PM
Technical Rating and Analysis

0

Taking everything into account, AVGR scores 0 out of 10 in our technical rating. AVGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than AVGR.
AVGR is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 84% of 188 stocks in the same industry do better.
AVGR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
AVGR has an average volume of 3817290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AVGR has a been trading in the 0.36 - 0.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.

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Weekly and Daily overview Charts
Avinger Inc / AVGR Weekly stock chart
Avinger Inc / AVGR Daily stock chart
Setup Rating and Analysis

4

AVGR has a poor technical rating and the quality of the setup is also not perfect 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.

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Support and Resistance Analysis

0.47

0.92

We found 1 important resistance area.

  • Resistance @0.91 from a trend line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for AVGR is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AVGR is neutral.
ChartMill Relative Strength2.15NEGATIVEAVGR has a low relative strength, it was outperformed by 97.85% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AVGR is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AVGR is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AVGR is below a declining SMA(200).
Relative Strength Index/RSI (14)44.37NEUTRALThe RSI value for AVGR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AVGR has a positive trend, although the MACD value is declining.
Stochastics (14,3)36.62NEUTRALThe Stochastics value for AVGR is a neutral value.
Average True Range in percent/ATR (20)19.89HIGH VOLATILITYThe high ATR as a percentage value for AVGR suggests high volalility.
Average Directional Index/ADX (14)20.34NEUTRALThe ADX value for AVGR suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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Avinger Inc / AVGR Daily stock chart

Avinger Inc

NASDAQ:AVGR (2/14/2025, 8:21:08 PM)

After market: 0.57 +0.1 (+20.25%)

0.474

-0.12 (-20.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-20.74%
1 Week20.8%
2 Weeks-17.57%
1 Month-19.65%
3 Month-40%
6 Month-58.78%
12 Month-84.07%
2 Year-97.1%
3 Year-99.39%
5 Year-99.74%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%19.89%
ATR Inc213.72%
Range Today0.14
ADR(20)0.08
ADR(20)%17.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.15
3 months CRSN/A
6 months CRSN/A
Mansfield-7.6
10 Day High0.82
10 Day Low0.36
20 Day High0.82
20 Day Low0.36
52 Week High5.45
52 Week Low0.36
CS1 EndN/A
CR1 Start0.91
Volume & EV
DER(3)-2.13%
DER(5)1.69%
Volume2.59M
Volume Incr911.88%
Vol(5)9.19M
Vol(50)3.82M

Avinger Inc / AVGR FAQ

What is the ChartMill technical rating of Avinger Inc (AVGR) stock?

ChartMill assigns a technical rating of 0 / 10 to AVGR.


What is the current trend direction of Avinger Inc (AVGR) stock?

The current trend direction for Avinger Inc (AVGR) is Bearish.


What is the RSI signal for AVGR stock?

Avinger Inc (AVGR) has an RSI value of 44.3739. This indicates that the stock is currently neutral.


What is the MACD signal for AVGR stock?

The MACD indicator for Avinger Inc (AVGR) has a value of 0.0056388, indicating a bearish trend.


Can you provide the support and resistance levels for Avinger Inc?

Avinger Inc (AVGR) has a resistance level at 0.91. Check the full technical report for our detailed analysis of AVGR support and resistance levels.