DX DAILY AVGO BULL 2X SHS (AVL) Stock Technical Analysis
USA - NASDAQ:AVL - US25461A5699 - ETF
59.2 USD
+0.99 (+1.71%)
58.36 USD
-0.84 (-1.42%)
Overall AVL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AVL 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 AVL is one of the better performing stocks in the market, outperforming 96% of all stocks.
AVL 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 AVL is lagging the market slightly.
In the last month AVL has a been trading in the 50.11 - 62.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AVL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
45.55
59.89
3 important support areas can be observed.
- A support zone ranging from 55.28 to 56.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.47 to 52.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @46.01 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @59.30 from a trend line 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 | UP | POSITIVE | The short term trend for AVL is up. |
| ChartMill Relative Strength | 96.08 | POSITIVE | AVL has a high relative strength, it outperformed 96.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVL is above 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) | 56.76 | NEUTRAL | The RSI value for AVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AVL has a positive trend. |
| Stochastics (14,3) | 67.67 | NEUTRAL | The Stochastics value for AVL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for AVL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.78 | 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)
59.2
+0.99 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.71%
1 Week3.9%
2 Weeks7.64%
1 Month3.06%
3 Month45.28%
6 Month277.79%
12 Month153.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.65
ATR(20)%6.93%
ATR Inc5.4%
Range Today4.41
ADR(20)3.6
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.08
Mansfield6.59
10 Day High62.12
10 Day Low50.11
20 Day High62.12
20 Day Low50.11
52 Week High67.85
52 Week Low10.68
CS1 End56.12
CR1 Start59.3
Volume & EV
DER(3)1.39%
DER(5)1.17%
Volume389.40K
Volume Incr58.02%
Vol(5)618.78K
Vol(50)401.47K