DEFIANCE DLY TRG 2X LNG AVGO (AVGX) Technical Analysis
NASDAQ:AVGX • US88636J2380
Current stock price
AVGX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AVGX. Both in the recent history as in the last year, AVGX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AVGX is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by AVGX over the past year are nicely spread over this period.
- AVGX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVGX is lagging the market slightly.
- In the last month AVGX has a been trading in the 30.84 - 64.03 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVGX Weekly and Daily overview Charts
AVGX Setup Rating and Analysis
Although AVGX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AVGX Support and Resistance Analysis
34.57
We found 1 important support area.
- Support @34.92 from a trend line in the weekly time frame.
AVGX 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 AVGX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVGX is up. |
| ChartMill Relative Strength | 97.91 | POSITIVE | AVGX has a high relative strength, it outperformed 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVGX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVGX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.53 | OVERBOUGHT | The high RSI value suggests AVGX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.98 | POSITIVE | The MACD value suggests AVGX has a positive trend. |
| Stochastics (14,3) | 95.49 | OVERBOUGHT | The high Stochastics value suggests AVGX may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for AVGX suggests some volalility. |
| Average Directional Index/ADX (14) | 33.83 | POSITIVE | The high ADX value value for AVGX suggests a strong trend. |
AVGX Chart- and CandleStick Pattern Analysis
AVGX Technicals: Chart, Performance Metrics, Trend & Indicators
63.91
+5.97 (+10.3%)
DEFIANCE DLY TRG 2X LNG AVGO / AVGX TA FAQ
Can you provide the ChartMill technical rating for DEFIANCE DLY TRG 2X LNG AVGO?
ChartMill assigns a technical rating of 10 / 10 to AVGX.
What is the trend direction for AVGX stock?
The current trend direction for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) is Bullish.
Can you provide the RSI signal for DEFIANCE DLY TRG 2X LNG AVGO?
DEFIANCE DLY TRG 2X LNG AVGO (AVGX) has an RSI value of 79.5267. This indicates that the stock is currently overbought.
What is the short term momentum for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) stock?
The short term momentum for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) is positive.
What is the support and resistance level for AVGX stock?
DEFIANCE DLY TRG 2X LNG AVGO (AVGX) has a support level at 34.92. Check the full technical report for our detailed analysis of AVGX support and resistance levels.