AVANOS MEDICAL INC (AVNS) Stock Technical Analysis
USA - NYSE:AVNS - US05350V1061 - Common Stock
Overall AVNS gets a technical rating of 2 out of 10. AVNS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AVNS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for AVNS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.58
We found 1 important support area.
- Support @10.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.25 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.73 to 12.73. 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 | NEUTRAL | NEUTRAL | The long term trend for AVNS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVNS is neutral. |
| ChartMill Relative Strength | 13.98 | NEGATIVE | AVNS has a low relative strength, it was outperformed by 86.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVNS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVNS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVNS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.03 | NEUTRAL | The RSI value for AVNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AVNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.98 | OVERSOLD | The low Stochastics value suggests AVNS may be oversold. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for AVNS suggests a weak or negative trend. |
11.23
+0.05 (+0.45%)
AVANOS MEDICAL INC / AVNS FAQ
Can you provide the ChartMill technical rating for AVANOS MEDICAL INC?
ChartMill assigns a technical rating of 2 / 10 to AVNS.
What is the current trend direction of AVANOS MEDICAL INC (AVNS) stock?
The current trend direction for AVANOS MEDICAL INC (AVNS) is Bearish.
What is the RSI signal for AVNS stock?
AVANOS MEDICAL INC (AVNS) has an RSI value of 47.0263. This indicates that the stock is currently neutral.
What is the MACD signal for AVANOS MEDICAL INC (AVNS) stock?
The MACD indicator for AVANOS MEDICAL INC (AVNS) has a value of -0.0313154, indicating a bearish trend.
Can you provide the support and resistance levels for AVANOS MEDICAL INC?
AVANOS MEDICAL INC (AVNS) has a support level at 10.69 and a resistance level at 11.25. Check the full technical report for our detailed analysis of AVNS support and resistance levels.