AVID TECHNOLOGY INC (AVID) 26.5 -0.5 (-1.85%)
26.5 -0.5 (-1.85%)
US05367P1003 - Common Stock
Technical Rating
Overall AVID gets a technical rating of 6 out of 10. AVID has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
AVID is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 74% of 35 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AVID outperforms 61% of them, which is more or less in line with the market.
AVID is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AVID has a been trading in the 22.01 - 29.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Statistics
Support/Resistance Analysis
21.24
35.71
We found 3 important support areas.
- Support @24.86 from a trend line in the daily time frame.
- A support zone ranging from 23.57 to 23.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.45 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 27.50 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.42 to 29.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.50 from a trend line in the weekly time frame.
- Resistance @35.36 from a horizontal line in the weekly time frame.
Setup Analysis
Setup Rating
AVID 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.
AVID TECHNOLOGY INC26.5
NASDAQ:AVID (12/7/2022, 2:35:17 PM)-0.5 (-1.85%)
| GICS Sector | Information Technology | ||
| GICS Industry | Technology Hardware, Storage & Peripherals | ||
| Today | -1.85% | 1 Week | 1.96% |
| 2 Weeks | -2.32% | 1 Month | 8.09% |
| 3 Month | 6.13% | 6 Month | 2.62% |
| ATR(14) | 1.18 | ATR(20)% | 5.25% |
| ATR Inc | 59.7% | Range Today | 0.95 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 61.8 | Mansfield | -0.03 |
| 10 Day High | 29.5 | 10 Day Low | 26.28 |
| 20 Day High | 29.5 | 20 Day Low | 22.01 |
| 52 Week High | 37.31 | 52 Week Low | 20.83 |
| CS1 End | 24.86 | CR1 Start | 27.5 |
| DER(3) | 2.54% | DER(5) | 1.88% |
| Volume | 91.34K | Volume Incr | 4.15% |
| Vol(5) | 307.62K | Vol(50) | 334.74K |
Technical Stock Screener Links
Technical Stock Screener
Find stocks with similar TA and Setup ratings on the USA
Best Technical Competitors Stock Screener
Find the competitors with the best technical ratings on the USA
Best Technical Setups Competitors Stock Screener
Find the competitors with the best technical and setup ratings on the USA