DEFIANCE DLY TRG 2X LNG AVGO (AVGX) Technical Analysis
NASDAQ:AVGX • US88636J2380
Current stock price
38.32 USD
-3.46 (-8.28%)
At close:
38.12 USD
-0.2 (-0.52%)
After Hours:
AVGX Technical Rating and Analysis
Overall AVGX gets a technical rating of 3 out of 10. Although AVGX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- AVGX has an average volume of 1018900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that AVGX is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- AVGX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVGX is lagging the market slightly.
- In the last month AVGX has a been trading in the 35.20 - 46.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVGX Weekly and Daily overview Charts
AVGX Setup Rating and Analysis
AVGX has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
AVGX Support and Resistance Analysis
35.68
45.13
We found 3 important support areas.
- Support @38.18 from a horizontal line in the weekly time frame.
- Support @37.34 from a trend line in the daily time frame.
- A support zone ranging from 36.04 to 36.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.50 to 40.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.22 to 42.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.68 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AVGX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVGX is neutral. |
| ChartMill Relative Strength | 88.1 | POSITIVE | AVGX has a high relative strength, it outperformed 88.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVGX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVGX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AVGX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.85 | NEUTRAL | The RSI value for AVGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests AVGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.59 | NEUTRAL | The Stochastics value for AVGX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.69 | HIGH VOLATILITY | The high ATR as a percentage value for AVGX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.36 | NEGATIVE | The low ADX value for AVGX suggests a weak or negative trend. |
AVGX 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)
AVGX Technicals: Chart, Performance Metrics, Trend & Indicators
38.32
-3.46 (-8.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.28%
1 Week-5.43%
2 Weeks0.34%
1 Month-7.24%
3 Month-26.31%
6 Month-33.22%
12 Month87.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.51
ATR(20)%8.69%
ATR Inc-6.36%
Range Today4.16
ADR(20)3.03
ADR(20)%7.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.1
3 months CRS14.07
6 months CRS14.68
Mansfield-0.44
10 Day High46.19
10 Day Low35.2
20 Day High46.19
20 Day Low35.2
52 Week High70.31
52 Week Low9.87
CS1 End38.18
CR1 Start40.5
Volume & EV
DER(3)-6.76%
DER(5)-4.54%
Volume839.20K
Volume Incr-16.66%
Vol(5)829.32K
Vol(50)1.02M
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 3 / 10 to AVGX.
What is the trend direction for AVGX stock?
The current trend direction for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) is Bearish.
What is the RSI signal for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) stock?
DEFIANCE DLY TRG 2X LNG AVGO (AVGX) has an RSI value of 42.847. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DEFIANCE DLY TRG 2X LNG AVGO?
The MACD indicator for DEFIANCE DLY TRG 2X LNG AVGO (AVGX) has a value of 0.280288, indicating a bearish trend.