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DX DAILY AVGO BULL 2X SHS (AVL) Stock Technical Analysis

NASDAQ:AVL - Nasdaq - US25461A5699 - ETF - Currency: USD

37.1  +1.18 (+3.29%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to AVL. 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AVL has a been trading in the 28.68 - 37.26 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DX DAILY AVGO BULL 2X SHS / AVL Weekly stock chart
DX DAILY AVGO BULL 2X SHS / AVL Daily stock chart
Setup Rating and Analysis

2

Although AVL has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

30.51

37.47

We found 2 important support areas.

  • A support zone ranging from 35.91 to 35.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @30.82 from a horizontal line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AVL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AVL is up.
ChartMill Relative Strength0NEGATIVEAVL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AVL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AVL is above the rising SMA(50).
Relative Strength Index/RSI (14)68.27NEUTRALThe RSI value for AVL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.07NEGATIVEThe MACD value suggests AVL has a negative trend, although the MACD value is rising.
Stochastics (14,3)71.78NEUTRALThe Stochastics value for AVL is a neutral value.
Average True Range in percent/ATR (20)5.73HIGH VOLATILITYThe high ATR as a percentage value for AVL suggests high volalility.
Average Directional Index/ADX (14)32.96POSITIVEThe high ADX value value for AVL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
DX DAILY AVGO BULL 2X SHS / AVL Daily stock chart

DX DAILY AVGO BULL 2X SHS

NASDAQ:AVL (6/26/2025, 1:36:48 PM)

37.1

+1.18 (+3.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.29%
1 Week12.25%
2 Weeks16.13%
1 Month24.68%
3 Month119.96%
6 Month-5.4%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%5.73%
ATR Inc10.96%
Range Today1.35
ADR(20)1.86
ADR(20)%5.01%
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 High37.26
10 Day Low30.78
20 Day High37.26
20 Day Low28.68
52 Week HighN/A
52 Week LowN/A
CS1 End30.82
CR1 Start35.93
Volume & EV
DER(3)2.4%
DER(5)-1.59%
Volume204.26K
Volume Incr-42.98%
Vol(5)354.32K
Vol(50)586.39K