Taking everything into account, AVIG scores 4 out of 10 in our technical rating. In the past year, AVIG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, AVIG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.00, a Stop Loss order could be placed below this zone.
39.66
2 important support areas can be observed.
We found 1 important resistance area.
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 AVIG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVIG is neutral. |
| ChartMill Relative Strength | 46.43 | NEUTRAL | AVIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.91 | NEUTRAL | The RSI value for AVIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVIG has a positive trend. |
| Stochastics (14,3) | 57.78 | NEUTRAL | The Stochastics value for AVIG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for AVIG suggests low volalility. |
| Average Directional Index/ADX (14) | 8.91 | NEGATIVE | The low ADX value for AVIG suggests a weak or negative trend. |
42.02
+0.04 (+0.1%)
ChartMill assigns a technical rating of 4 / 10 to AVIG.
The current trend direction for AVANTIS CORE FIXED INCOME (AVIG) is Bearish.
AVANTIS CORE FIXED INCOME (AVIG) has an RSI value of 51.9093. This indicates that the stock is currently neutral.
The MACD indicator for AVANTIS CORE FIXED INCOME (AVIG) has a value of 0.000145364, indicating a bearish trend.
AVANTIS CORE FIXED INCOME (AVIG) has a support level at 42 and a resistance level at 42.32. Check the full technical report for our detailed analysis of AVIG support and resistance levels.