GRANITE 2X LONG AVGO ETF (AVGU) Stock Technical Analysis
NASDAQ:AVGU - Nasdaq - US38747R4130 - ETF - Currency: USD
Taking everything into account, AVGU scores 3 out of 10 in our technical rating. AVGU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
AVGU 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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26.96
We found 1 important support area.
- A support zone ranging from 27.23 to 27.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AVGU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVGU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVGU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 62.06 | NEUTRAL | The RSI value for AVGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVGU has a negative trend. |
| Stochastics (14,3) | 73.36 | NEUTRAL | The Stochastics value for AVGU is a neutral value. |
| Average Directional Index/ADX (14) | 13.05 | NEGATIVE | The low ADX value for AVGU suggests a weak or negative trend. |
NASDAQ:AVGU (8/7/2025, 3:22:24 PM)
29.5819
-0.08 (-0.26%)