Taking everything into account, AVL scores 0 out of 10 in our technical rating. AVL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of AVL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
39.81
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 | NEUTRAL | NEUTRAL | The long term trend for AVL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVL is down. |
| ChartMill Relative Strength | 34.57 | 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 | MIXED | The current price of AVL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.58 | NEUTRAL | The RSI value for AVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.52 | NEGATIVE | The MACD value suggests AVL has a negative trend. |
| Stochastics (14,3) | 4.56 | OVERSOLD | The low Stochastics value suggests AVL may be oversold. |
| Average True Range in percent/ATR (20) | 16.03 | HIGH VOLATILITY | The high ATR as a percentage value for AVL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for AVL suggests a possible start of a new trend. |
40.21
+0.78 (+1.98%)
ChartMill assigns a technical rating of 0 / 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 31.582. This indicates that the stock is currently neutral.
The short term momentum for DX DAILY AVGO BULL 2X SHS (AVL) is negative.
DX DAILY AVGO BULL 2X SHS (AVL) has a resistance level at 73.83. Check the full technical report for our detailed analysis of AVL support and resistance levels.