AVANOS MEDICAL INC (AVNS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVNS - US05350V1061 - Common Stock
Overall AVNS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AVNS is a bad performer.
- 70% of all other stocks performed better in the past year than AVNS.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month AVNS has a been trading in the 11.06 - 13.31 range, which is quite wide. It is currently trading near the high of this range.
- AVNS is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, AVNS did better than 62% of them.
- AVNS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVNS is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AVNS 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.
More info and screens
10.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.92 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.13 to 11.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.70 to 10.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.10 to 13.11. 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 AVNS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNS is up. |
| ChartMill Relative Strength | 30.23 | NEUTRAL | AVNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVNS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69 | NEUTRAL | The RSI value for AVNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AVNS has a positive trend. |
| Stochastics (14,3) | 92.9 | OVERBOUGHT | The high Stochastics value suggests AVNS may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.08 | POSITIVE | The high ADX value value for AVNS suggests a strong trend. |
13.09
-0.01 (-0.08%)
AVANOS MEDICAL INC / AVNS FAQ
Can you provide the ChartMill technical rating for AVANOS MEDICAL INC?
ChartMill assigns a technical rating of 7 / 10 to AVNS.
What is the trend direction for AVNS stock?
The current trend direction for AVANOS MEDICAL INC (AVNS) is Bullish.
Can you provide the RSI signal for AVANOS MEDICAL INC?
AVANOS MEDICAL INC (AVNS) has an RSI value of 68.9976. This indicates that the stock is currently neutral.
What is the MACD signal for AVNS stock?
The MACD indicator for AVANOS MEDICAL INC (AVNS) has a value of 0.143384, indicating a bearish trend.
What is the buy/sell signal for AVNS stock?
The buy/sell signal for AVANOS MEDICAL INC (AVNS) is buy as both the short term and long term trends are positive.