We assign a technical rating of 1 out of 10 to AVL. AVL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AVL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
38.85
We found 3 important support areas.
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 | DOWN | NEGATIVE | The long term trend for AVL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVL is down. |
| ChartMill Relative Strength | 62.3 | NEUTRAL | AVL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVL is below a declining 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) | 40.22 | NEUTRAL | The RSI value for AVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests AVL has a positive trend. |
| Stochastics (14,3) | 39.63 | NEUTRAL | The Stochastics value for AVL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for AVL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for AVL suggests a possible start of a new trend. |
43.49
+2.94 (+7.25%)
ChartMill assigns a technical rating of 1 / 10 to AVL.
The current trend direction for DX DAILY AVGO BULL 2X SHS (AVL) is Bearish.
DX DAILY AVGO BULL 2X SHS (AVL) has an RSI value of 40.2169. This indicates that the stock is currently neutral.
The MACD indicator for DX DAILY AVGO BULL 2X SHS (AVL) has a value of 0.223653, indicating a bearish trend.
DX DAILY AVGO BULL 2X SHS (AVL) has a support level at 42.7 and a resistance level at 45.66. Check the full technical report for our detailed analysis of AVL support and resistance levels.