AVINGER INC (AVGR)
US0537348775 - Common Stock
Overall AVGR gets a technical rating of 6 out of 10. AVGR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
AVGR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AVGR is lagging the market.
AVGR is part of the Health Care Equipment & Supplies industry. There are 193 other stocks in this industry. AVGR outperforms 71% of them.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, AVGR turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month AVGR has a been trading in the 3.42 - 4.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AVGR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.81, a Stop Loss order could be placed below this zone.
More info and screens
3.02
4.91
We found 2 important support areas.
- A support zone ranging from 3.68 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.05 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.29 to 4.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.86 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.17
Mansfield-3.85
10 Day High4.01
10 Day Low3.54
20 Day High4.37
20 Day Low3.42
52 Week High18
52 Week Low2.5
Performance
1 Week4.55%
2 Weeks-0.76%
1 Month7.44%
3 Month50%
6 Month2.36%
12 Month-44.95%
2 Year-87%
3 Year-98.76%
5 Year-99.75%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)56.81
LBB3.57
UBB3.99
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.30 | 3.67 | 0.63 (14.65%) | 6.83% |
| An entry @4.30. This is a Buy Stop order right above the resistance zone. | An exit @3.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 14.65%. | For a 1.00% total portfolio risk, you can invest 6.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AVINGER INC
NASDAQ:AVGR (5/3/2024, 7:00:01 PM)
After market: 3.7901 -0.11 (-2.82%)3.9
+0.06 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.56%
1 Week4.55%
2 Weeks-0.76%
1 Month7.44%
3 Month50%
6 Month2.36%
12 Month-44.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%7.54%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.01
10 Day Low3.54
20 Day High4.37
20 Day Low3.42
52 Week High18
52 Week Low2.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.20K
Volume Incr-69.24%
Vol(5)5.32K
Vol(50)49.64K