ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) Technical Analysis
NYSEARCA:AVGW • US77926X6195
Current stock price
AVGW Technical Rating and Analysis
Overall AVGW gets a technical rating of 6 out of 10. In the last year, AVGW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, AVGW is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month AVGW has a been trading in the 35.26 - 51.86 range, which is quite wide. It is currently trading near the high of this range.
AVGW Weekly and Daily overview Charts
AVGW Setup Rating and Analysis
AVGW has an average technical rating and it also does not offer a high quality setup 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
AVGW Support and Resistance Analysis
46.50
We found 1 important support area.
- Support @46.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.27 to 50.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.00 from a trend line in the daily time frame.
AVGW 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 | UP | POSITIVE | The long term trend for AVGW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVGW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVGW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVGW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.4 | NEUTRAL | The RSI value for AVGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AVGW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.02 | NEUTRAL | The Stochastics value for AVGW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for AVGW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.34 | POSITIVE | The high ADX value value for AVGW suggests a strong trend. |
AVGW Chart- and CandleStick Pattern Analysis
AVGW Technicals: Chart, Performance Metrics, Trend & Indicators
50.03
+0.43 (+0.87%)
ROUNDHILL AVGO WEEKLYPAY ETF / AVGW TA FAQ
Can you provide the ChartMill technical rating for ROUNDHILL AVGO WEEKLYPAY ETF?
ChartMill assigns a technical rating of 6 / 10 to AVGW.
What is the current trend direction of ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) stock?
The current trend direction for ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) is Bullish.
What is the RSI signal for ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) stock?
ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) has an RSI value of 63.3986. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROUNDHILL AVGO WEEKLYPAY ETF?
The MACD indicator for ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) has a value of 0.0628173, indicating a bearish trend.
Can you provide the short term momentum for ROUNDHILL AVGO WEEKLYPAY ETF?
The short term momentum for ROUNDHILL AVGO WEEKLYPAY ETF (AVGW) is positive.