AVIO Technical Analysis - AVIO SPA

Technical Rating and Analysis

Taking everything into account, AVIO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AVIO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

When comparing the yearly performance of all stocks, we notice that AVIO is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by AVIO over the past year are nicely spread over this period.

AVIO is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 95% of 43 stocks in the same industry.

A new 52 week high is currently being made by AVIO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month AVIO has a been trading in the 31.75 - 58.60 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although AVIO has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

39.14

55.15

When analyzing the support we notice one important area.

Support @39.54 from a trend line in the daily time frame.

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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	UP	POSITIVE	The long term trend for AVIO.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AVIO.MI is up.
ChartMill Relative Strength	99.2	POSITIVE	AVIO.MI has a high relative strength, it outperformed 99.2% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of AVIO.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AVIO.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of AVIO.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	80.04	OVERBOUGHT	The high RSI value suggests AVIO.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.74	POSITIVE	The MACD value suggests AVIO.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	84.29	OVERBOUGHT	The high Stochastics value suggests AVIO.MI may be overbought.
Average True Range in percent/ATR (20)	6.02	HIGH VOLATILITY	The high ATR as a percentage value for AVIO.MI suggests high volalility.
Average Directional Index/ADX (14)	52.82	POSITIVE	The high ADX value value for AVIO.MI suggests a strong trend.