Avinger Inc (AVGR) Technical Analysis
NASDAQ:AVGR • US0537348775
Current stock price
0.474 USD
-0.12 (-20.74%)
At close:
0.57 USD
+0.1 (+20.25%)
After Hours:
AVGR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AVGR. AVGR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, AVGR is a bad performer in the overall market: 98% of all stocks are doing better.
- AVGR is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 85% are performing better than AVGR.
- 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.
AVGR Weekly and Daily overview Charts
AVGR Setup Rating and Analysis
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.
More info and screens
AVGR Support and Resistance Analysis
0.47
0.92
When analyzing the resistance we notice one important area.
- Resistance @0.91 from a trend line in the daily time frame.
AVGR 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 | DOWN | NEGATIVE | The long term trend for AVGR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVGR is neutral. |
| ChartMill Relative Strength | 2.15 | NEGATIVE | AVGR has a low relative strength, it was outperformed by 97.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.37 | NEUTRAL | The RSI value for AVGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AVGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.62 | NEUTRAL | The Stochastics value for AVGR is a neutral value. |
| Average True Range in percent/ATR (20) | 19.89 | HIGH VOLATILITY | The high ATR as a percentage value for AVGR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for AVGR suggests a possible start of a new trend. |
AVGR 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)
AVGR Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA FAQ
What is the ChartMill technical rating of Avinger Inc (AVGR) stock?
ChartMill assigns a technical rating of 0 / 10 to AVGR.
Can you provide the trend direction for Avinger Inc?
The current trend direction for Avinger Inc (AVGR) is Bearish.
What is the RSI signal for Avinger Inc (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 Avinger Inc (AVGR) stock?
The MACD indicator for Avinger Inc (AVGR) has a value of 0.0056388, indicating a bearish trend.
What is the short term momentum for Avinger Inc (AVGR) stock?
The short term momentum for Avinger Inc (AVGR) is neutral.