Avalara Inc (AVLR) Stock Technical Analysis
NYSE:AVLR - New York Stock Exchange, Inc. - US05338G1067 - Common Stock - Currency: USD
Taking everything into account, AVLR scores 4 out of 10 in our technical rating. In the past year, AVLR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
65% of all other stocks performed better in the past year than AVLR.
AVLR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVLR is lagging the market.
AVLR has an average volume of 5033090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AVLR is part of the Software industry. There are 284 other stocks in this industry, AVLR did better than 49% of them.
In the last month AVLR has a been trading in a tight range between 91.19 and 93.50.
AVLR has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
90.45
96.51
We found 1 important support area.
- A support zone ranging from 91.36 to 92.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @93.87 from a trend line in the daily time frame.
- A resistance zone ranging from 95.55 to 95.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AVLR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVLR is up. |
| ChartMill Relative Strength | 35.65 | NEUTRAL | AVLR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVLR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.8 | NEUTRAL | The RSI value for AVLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AVLR has a positive trend. |
| Stochastics (14,3) | 97.85 | OVERBOUGHT | The high Stochastics value suggests AVLR may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for AVLR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for AVLR suggests a possible start of a new 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)
93.48
+0.03 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.03%
1 Week1.22%
2 Weeks0.79%
1 Month1.39%
3 Month4.6%
6 Month10.75%
12 Month-47.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%0.57%
ATR Inc-79.19%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.65
Mansfield0.52
10 Day High93.5
10 Day Low92.26
20 Day High93.5
20 Day Low91.19
52 Week High188.43
52 Week Low66.39
CS1 End92.91
CR1 Start93.87
Volume & EV
DER(3)-4.99%
DER(5)-1.97%
Volume5.76M
Volume Incr39.3%
Vol(5)4.50M
Vol(50)5.03M