Avalara Inc (AVLR) Technical Analysis
NYSE:AVLR • US05338G1067
Current stock price
AVLR Technical Rating and Analysis
Overall AVLR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AVLR was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AVLR is a bad performer in the overall market: 65% of all stocks are doing better.
- 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 is part of the Software industry. There are 278 other stocks in this industry. AVLR outperforms 79% of them.
- 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.
- In the last month AVLR has a been trading in a tight range between 91.19 and 93.50.
AVLR Weekly and Daily overview Charts
AVLR Setup Rating and Analysis
AVLR has an average technical rating and also the quality of the setup is only medium 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
AVLR Support and Resistance Analysis
90.45
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.
2 important resistance areas can be observed.
- 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.
AVLR 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 | 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. |
AVLR Chart- and CandleStick Pattern Analysis
AVLR Technicals: Chart, Performance Metrics, Trend & Indicators
93.48
+0.03 (+0.03%)
Avalara Inc / AVLR TA FAQ
Can you provide the ChartMill technical rating for Avalara Inc?
ChartMill assigns a technical rating of 4 / 10 to AVLR.
Can you provide the trend direction for Avalara Inc?
The current trend direction for Avalara Inc (AVLR) is Bearish.
What is the RSI signal for AVLR stock?
Avalara Inc (AVLR) has an RSI value of 64.798. This indicates that the stock is currently neutral.
What is the MACD signal for Avalara Inc (AVLR) stock?
The MACD indicator for Avalara Inc (AVLR) has a value of 0.0738369, indicating a bearish trend.
Can you provide the support and resistance levels for Avalara Inc?
Avalara Inc (AVLR) has a support level at 92.91 and a resistance level at 93.87. Check the full technical report for our detailed analysis of AVLR support and resistance levels.