DIREX DAI AV BULL 2X ETF-USD (AVL) Technical Analysis
NASDAQ:AVL • US25461A5699
Current stock price
AVL Technical Rating and Analysis
Taking everything into account, AVL scores 7 out of 10 in our technical rating. In the past year, AVL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, AVL did better than 94% of all other stocks.
- In the last month AVL has a been trading in the 28.95 - 48.09 range, which is quite wide. It is currently trading near the high of this range.
- AVL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVL is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVL Weekly and Daily overview Charts
AVL Setup Rating and Analysis
Although AVL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AVL Support and Resistance Analysis
46.45
We found 1 important resistance area.
- A resistance zone ranging from 46.93 to 46.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVL 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 | NEUTRAL | NEUTRAL | The long term trend for AVL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVL is up. |
| ChartMill Relative Strength | 94.73 | POSITIVE | AVL has a high relative strength, it outperformed 94.73% 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 | MIXED | The current price of AVL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.26 | OVERBOUGHT | The high RSI value suggests AVL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.54 | POSITIVE | The MACD value suggests AVL has a positive trend. |
| Stochastics (14,3) | 93.86 | OVERBOUGHT | The high Stochastics value suggests AVL may be overbought. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for AVL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for AVL suggests a possible start of a new trend. |
AVL Chart- and CandleStick Pattern Analysis
AVL Technicals: Chart, Performance Metrics, Trend & Indicators
46.92
+3.96 (+9.22%)
DIREX DAI AV BULL 2X ETF-USD / AVL TA FAQ
What is the technical rating for AVL stock?
ChartMill assigns a technical rating of 7 / 10 to AVL.
What is the current trend direction of DIREX DAI AV BULL 2X ETF-USD (AVL) stock?
The current trend direction for DIREX DAI AV BULL 2X ETF-USD (AVL) is Bearish.
What is the RSI signal for AVL stock?
DIREX DAI AV BULL 2X ETF-USD (AVL) has an RSI value of 70.26. This indicates that the stock is currently overbought.
What is the MACD signal for DIREX DAI AV BULL 2X ETF-USD (AVL) stock?
The MACD indicator for DIREX DAI AV BULL 2X ETF-USD (AVL) has a value of 1.53746, indicating a bullish trend.
Can you provide the support and resistance levels for DIREX DAI AV BULL 2X ETF-USD?
DIREX DAI AV BULL 2X ETF-USD (AVL) has a resistance level at 46.93. Check the full technical report for our detailed analysis of AVL support and resistance levels.