We assign a technical rating of 10 out of 10 to AVNM. Both in the recent history as in the last year, AVNM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AVNM did better than 84% of all other stocks. On top of that, AVNM also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by AVNM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AVNM has a been trading in a tight range between 72.94 and 77.09.
- Volume is considerably higher in the last couple of days.
Although AVNM has an excellent technical rating, it does not present a decent entry opportunity 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
53.92
5 important support areas can be observed.
- A support zone ranging from 73.25 to 76.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.50 from a trend line in the daily time frame.
- A support zone ranging from 69.46 to 70.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.86 from a horizontal line in the daily time frame.
- Support @54.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 76.99 to 76.99. 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 | UP | POSITIVE | The long term trend for AVNM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNM is up. |
| ChartMill Relative Strength | 84.09 | POSITIVE | AVNM has a high relative strength, it outperformed 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVNM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVNM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVNM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.91 | OVERBOUGHT | The high RSI value suggests AVNM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AVNM has a positive trend. |
| Stochastics (14,3) | 89.21 | OVERBOUGHT | The high Stochastics value suggests AVNM may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for AVNM suggests low volalility. |
| Average Directional Index/ADX (14) | 26.81 | POSITIVE | The high ADX value value for AVNM suggests a strong trend. |
76.98
+1.02 (+1.34%)
AVANTIS ALL INTL MKTS EQ ETF / AVNM FAQ
What is the ChartMill technical rating of AVANTIS ALL INTL MKTS EQ ETF (AVNM) stock?
ChartMill assigns a technical rating of 10 / 10 to AVNM.
Can you provide the trend direction for AVANTIS ALL INTL MKTS EQ ETF?
The current trend direction for AVANTIS ALL INTL MKTS EQ ETF (AVNM) is Bullish.
Can you provide the RSI signal for AVANTIS ALL INTL MKTS EQ ETF?
AVANTIS ALL INTL MKTS EQ ETF (AVNM) has an RSI value of 70.912. This indicates that the stock is currently overbought.
Can you provide the MACD signal for AVANTIS ALL INTL MKTS EQ ETF?
The MACD indicator for AVANTIS ALL INTL MKTS EQ ETF (AVNM) has a value of 0.100009, indicating a bearish trend.
What is the support and resistance level for AVNM stock?
AVANTIS ALL INTL MKTS EQ ETF (AVNM) has a support level at 76.04 and a resistance level at 76.99. Check the full technical report for our detailed analysis of AVNM support and resistance levels.