ACHARI VENTURES HOLDINGS COR (AVHI) Stock Technical Analysis
NASDAQ:AVHI - Nasdaq - US00444X1019 - Common Stock - Currency: USD
Taking everything into account, AVHI scores 5 out of 10 in our technical rating. AVHI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month AVHI has a been trading in the 10.92 - 11.82 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AVHI has an average volume of 2468 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, AVHI turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
AVHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVHI is lagging the market.
AVHI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.90, a Stop Loss order could be placed below this zone.
More info and screens
9.73
11.28
We found 3 important support areas.
- A support zone ranging from 10.79 to 10.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.62 from a horizontal line in the daily time frame.
- A support zone ranging from 9.83 to 9.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.98 to 11.17. 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 AVHI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVHI is down. |
| ChartMill Relative Strength | 61.11 | NEUTRAL | AVHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVHI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVHI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.93 | NEUTRAL | The RSI value for AVHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.71 | OVERSOLD | The low Stochastics value suggests AVHI may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for AVHI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.9 | NEUTRAL | The ADX value for AVHI suggests a possible start of a new 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)
NASDAQ:AVHI (4/8/2024, 8:00:00 PM)
10.93
-0.01 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.09%
2 Weeks-1.62%
1 Month0.09%
3 Month0.92%
6 Month2.82%
12 Month9.08%
2 Year9.74%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.08%
ATR Inc-84.03%
Range Today0.09
ADR(20)0.17
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.11
Mansfield-1.36
10 Day High11.75
10 Day Low10.92
20 Day High11.82
20 Day Low10.92
52 Week High12.45
52 Week Low10
CS1 End10.9
CR1 Start10.98
Volume & EV
DER(3)0%
DER(5)0%
Volume6.20K
Volume Incr-1.93%
Vol(5)1.78K
Vol(50)2.47K