AVANOS MEDICAL INC (AVNS) Technical Analysis
NYSE:AVNS • US05350V1061
We assign a technical rating of 4 out of 10 to AVNS. AVNS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month AVNS has a been trading in the 12.75 - 15.68 range, which is quite wide. It is currently trading near the lows of this range.
- AVNS is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. AVNS outperforms 77% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, AVNS outperforms 53% of them, which is more or less in line with the market.
- AVNS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVNS is lagging the market slightly.
Although the technical rating is only medium, AVNS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.35, a Stop Loss order could be placed below this zone.
More info and screens
10.78
We found 5 important support areas.
- A support zone ranging from 13.10 to 13.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.04 from a trend line in the daily time frame.
- A support zone ranging from 11.58 to 11.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.13 from a horizontal line in the daily time frame.
- Support @10.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.44 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.12 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AVNS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVNS is down. |
| ChartMill Relative Strength | 53.51 | NEUTRAL | AVNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVNS is below a declining 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) | 44.75 | NEUTRAL | The RSI value for AVNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests AVNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.42 | OVERSOLD | The low Stochastics value suggests AVNS may be oversold. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 31.59 | POSITIVE | The high ADX value value for AVNS suggests a strong trend. |
AVNS Technicals: Chart, Performance Metrics, Trend & Indicators
13.43
+0.03 (+0.22%)
AVANOS MEDICAL INC / AVNS FAQ
Can you provide the ChartMill technical rating for AVANOS MEDICAL INC?
ChartMill assigns a technical rating of 4 / 10 to AVNS.
What is the trend direction for AVNS stock?
The current trend direction for AVANOS MEDICAL INC (AVNS) is Bearish.
Can you provide the RSI signal for AVANOS MEDICAL INC?
AVANOS MEDICAL INC (AVNS) has an RSI value of 44.7465. 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 -0.195632, indicating a bearish trend.