DEFIANCE DLY TRG 2X LNG AVGO (AVGX) Stock Technical Analysis
NASDAQ:AVGX - Nasdaq - US88636J2380 - ETF - Currency: USD
Overall AVGX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AVGX is a bad performer.
100% of all other stocks performed better in the past year than AVGX.
The long and short term trends are both positive. This is looking good!
In the last month AVGX has a been trading in the 33.95 - 43.45 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although AVGX has an excellent technical rating, the quality of the presented setup is not ideal 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
37.81
42.23
We found 1 important support area.
- A support zone ranging from 38.19 to 38.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 AVGX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVGX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVGX 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 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) | 57.08 | NEUTRAL | The RSI value for AVGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AVGX has a negative trend. |
| Stochastics (14,3) | 55.86 | NEUTRAL | The Stochastics value for AVGX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for AVGX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for AVGX suggests a strong trend. |
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)
41.81
+2.29 (+5.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.79%
1 Week-3.54%
2 Weeks9.66%
1 Month14.15%
3 Month87.21%
6 Month39.3%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%5.55%
ATR Inc17.3%
Range Today2.92
ADR(20)2.07
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High43.45
10 Day Low34.71
20 Day High43.45
20 Day Low33.95
52 Week HighN/A
52 Week LowN/A
CS1 End38.82
CR1 StartN/A
Volume & EV
DER(3)-1.91%
DER(5)-3.32%
Volume385.08K
Volume Incr-7.68%
Vol(5)357.68K
Vol(50)627.05K