DX DAILY AVGO BULL 2X SHS (AVL) Stock Technical Analysis
NASDAQ:AVL - US25461A5699 - ETF
43.79 USD
-3.46 (-7.32%)
43.68 USD
-0.11 (-0.25%)
Taking everything into account, AVL scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AVL is a bad performer.
100% of all other stocks performed better in the past year than AVL.
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!
In the last month AVL has a been trading in the 39.50 - 50.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, AVL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
41.25
44.23
2 important support areas can be observed.
- A support zone ranging from 42.94 to 43.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.67 to 41.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 AVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.04 | NEUTRAL | The RSI value for AVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests AVL has a negative trend. |
| Stochastics (14,3) | 52.95 | NEUTRAL | The Stochastics value for AVL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for AVL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for AVL suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.95 | 42.93 | 5.02 (10.47%) | 9.55% |
| An entry @47.95. This is a Buy Stop order right above the 10 day high. | An exit @42.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.02 points, which is 10.47%. | When investing 9.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
43.79
-3.46 (-7.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.32%
1 Week1.96%
2 Weeks-6.55%
1 Month4.61%
3 Month43.29%
6 Month85.39%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.89
ATR(20)%6.39%
ATR Inc53.45%
Range Today4.09
ADR(20)2.61
ADR(20)%5.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High47.94
10 Day Low39.5
20 Day High50.32
20 Day Low39.5
52 Week HighN/A
52 Week LowN/A
CS1 End43.58
CR1 StartN/A
Volume & EV
DER(3)0.89%
DER(5)1.3%
Volume403.70K
Volume Incr19.74%
Vol(5)240.76K
Vol(50)240.44K