AVANOS MEDICAL INC (AVNS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVNS - US05350V1061 - Common Stock
12.35 USD
+0.09 (+0.73%)
12.35 USD
0 (0%)
Taking everything into account, AVNS scores 5 out of 10 in our technical rating. In the last year, AVNS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, AVNS is a bad performer in the overall market: 71% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AVNS has a been trading in the 11.06 - 12.38 range, which is quite wide. It is currently trading near the high of this range.
AVNS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 58% of 185 stocks in the same industry.
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.
AVNS 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
10.54
13.24
5 important support areas can be observed.
- A support zone ranging from 12.27 to 12.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.03 from a horizontal line in the daily time frame.
- A support zone ranging from 11.48 to 11.62. 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 11.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 10.65 to 10.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.36 to 12.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.11 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 | NEUTRAL | NEUTRAL | The long term trend for AVNS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNS is up. |
| ChartMill Relative Strength | 29.19 | NEGATIVE | AVNS has a low relative strength, it was outperformed by 70.81% off all stocks 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) | DOWN | MIXED | The current price of AVNS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.64 | NEUTRAL | The RSI value for AVNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AVNS has a positive trend. |
| Stochastics (14,3) | 86.89 | OVERBOUGHT | The high Stochastics value suggests AVNS may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for AVNS 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)
12.35
+0.09 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.73%
1 Week10.47%
2 Weeks8.33%
1 Month5.83%
3 Month15.42%
6 Month3.52%
12 Month-18.75%
2 Year-35.64%
3 Year-59.69%
5 Year-72.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.68%
ATR Inc106.13%
Range Today0.51
ADR(20)0.33
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
CRS29.19
3 months CRS84.52
6 months CRS49.65
Mansfield-1.35
10 Day High12.38
10 Day Low11.06
20 Day High12.38
20 Day Low11.06
52 Week High17.69
52 Week Low9.3
CS1 End12.28
CR1 Start12.36
Volume & EV
DER(3)5.15%
DER(5)4.15%
Volume575.70K
Volume Incr17.1%
Vol(5)603.74K
Vol(50)541.81K
AVANOS MEDICAL INC / AVNS FAQ
Can you provide the ChartMill technical rating for AVANOS MEDICAL INC?
ChartMill assigns a technical rating of 5 / 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 67.6435. 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 0.0929248, indicating a bearish trend.