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ADVENT CONVERT & INCOME (AVK) Stock Technical Analysis

NYSE:AVK - New York Stock Exchange, Inc. - US00764C1099 - Currency: USD

12.2  +0.03 (+0.25%)

Technical Rating and Analysis

7

Overall AVK gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVK is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AVK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVK is lagging the market slightly.
When compared to the yearly performance of all other stocks, AVK outperforms 47% of them, which is more or less in line with the market.
In the last month AVK has a been trading in a tight range between 11.94 and 12.37.
Weekly and Daily overview Charts
ADVENT CONVERT & INCOME / AVK Weekly stock chart
ADVENT CONVERT & INCOME / AVK Daily stock chart
Setup Rating and Analysis

8

AVK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.38

12.99

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 11.99 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.44 from a horizontal line in the daily time frame.
  • Support @10.78 from a trend line in the weekly time frame.
  • Support @10.48 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 12.24 to 12.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AVK is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for AVK is neutral.
ChartMill Relative Strength47.12NEUTRALAVK is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of AVK is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AVK is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AVK is above the rising SMA(200).
Relative Strength Index/RSI (14)52.54NEUTRALThe RSI value for AVK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests AVK has a negative trend.
Stochastics (14,3)65.89NEUTRALThe Stochastics value for AVK is a neutral value.
Average True Range in percent/ATR (20)1.09LOW VOLATILITYThe low ATR as a percentage value for AVK suggests low volalility.
Average Directional Index/ADX (14)16.35NEGATIVEThe low ADX value for AVK suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
12.3812.040.34 (2.75%)25.00%
An entry @12.38. This is a Buy Stop order right above the 10 day high.An exit @12.04. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.34 points, which is 2.75%.For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADVENT CONVERT & INCOME / AVK Daily stock chart

ADVENT CONVERT & INCOME

NYSE:AVK (8/4/2025, 8:04:00 PM)

12.2

+0.03 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week-0.49%
2 Weeks-0.16%
1 Month0.58%
3 Month6.27%
6 Month-1.05%
12 Month-0.41%
2 Year7.21%
3 Year-7.01%
5 Year-15.98%
10 Year-16.67%
15 Year-27.81%
Volatility
ATR(14)0.14
ATR(20)%1.09%
ATR Inc44.97%
Range Today0.15
ADR(20)0.13
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.12
Mansfield-0.46
10 Day High12.37
10 Day Low12.05
20 Day High12.37
20 Day Low11.94
52 Week High12.92
52 Week Low9.75
CS1 End12.05
CR1 Start12.24
Volume & EV
DER(3)-2.98%
DER(5)0.36%
Volume146.50K
Volume Incr-20.77%
Vol(5)127.44K
Vol(50)145.53K