GLOBAL X AAVE ETP (AVMX.DE) Stock Technical Analysis
FRA:AVMX - Deutsche Boerse Ag - GB00BM9JYH62 - ETF - Currency: EUR
Overall AVMX gets a technical rating of 6 out of 10. AVMX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than AVMX.
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.
Warning: AVMX has an average volume of 762 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AVMX has a been trading in the 7.84 - 17.06 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.
AVMX has an average technical rating and it also 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.
More info and screens
8.97
16.55
3 important support areas can be observed.
- Support @15.06 from a trend line in the daily time frame.
- Support @9.42 from a trend line in the weekly time frame.
- Support @9.06 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @15.97 from a horizontal line in the weekly time frame.
- Resistance @16.39 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for AVMX.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVMX.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVMX.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVMX.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVMX.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.83 | NEUTRAL | The RSI value for AVMX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests AVMX.DE has a positive trend. |
| Stochastics (14,3) | 92.17 | OVERBOUGHT | The high Stochastics value suggests AVMX.DE may be overbought. |
| Average True Range in percent/ATR (20) | 8.66 | HIGH VOLATILITY | The high ATR as a percentage value for AVMX.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.06 | NEGATIVE | The low ADX value for AVMX.DE suggests a weak or negative 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)
FRA:AVMX (7/18/2025, 7:00:00 PM)
15.963
-0.43 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.61%
1 Week17.45%
2 Weeks10.99%
1 Month6.99%
3 Month4.71%
6 Month171.02%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%8.66%
ATR Inc-18.75%
Range Today1.1
ADR(20)0.43
ADR(20)%2.68%
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 High17.06
10 Day Low13.04
20 Day High17.06
20 Day Low7.84
52 Week HighN/A
52 Week LowN/A
CS1 End15.06
CR1 Start15.97
Volume & EV
DER(3)0%
DER(5)0%
Volume68
Volume Incr-52.92%
Vol(5)189.6
Vol(50)762.78