AVANOS MEDICAL INC (AVNS) Technical Analysis
NYSE:AVNS • US05350V1061
Current stock price
AVNS Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to AVNS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVNS is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- AVNS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 188 stocks in the same industry.
- AVNS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVNS is performing more or less in line with the market.
- In the last month AVNS has a been trading in the 12.75 - 14.27 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, AVNS turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
AVNS Weekly and Daily overview Charts
AVNS Setup Rating and Analysis
AVNS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.88, a Stop Loss order could be placed below this zone.
More info and screens
AVNS Support and Resistance Analysis
11.58
We found 4 important support areas.
- A support zone ranging from 13.37 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.85 to 13.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.28 from a trend line in the daily time frame.
- A support zone ranging from 11.70 to 11.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @14.78 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.27 to 15.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVNS Technical Indicator Signal Analysis
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 | 66.46 | 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) | 53.8 | NEUTRAL | The RSI value for AVNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AVNS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.57 | NEUTRAL | The Stochastics value for AVNS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for AVNS suggests a weak or negative trend. |
AVNS Chart- and CandleStick Pattern Analysis
AVNS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.79 | 13.36 | 1.43 (9.67%) | 10.34% |
| An entry @14.79. This is a Buy Stop order right above the resistance zone. | An exit @13.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.43 points, which is 9.67%. | When investing 10.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AVNS Technicals: Chart, Performance Metrics, Trend & Indicators
13.95
-0.14 (-0.99%)
AVANOS MEDICAL INC / AVNS TA FAQ
Can you provide the ChartMill technical rating for AVANOS MEDICAL INC?
ChartMill assigns a technical rating of 8 / 10 to AVNS.
What is the trend direction for AVNS stock?
The current trend direction for AVANOS MEDICAL INC (AVNS) is Bullish.
What is the RSI signal for AVANOS MEDICAL INC (AVNS) stock?
AVANOS MEDICAL INC (AVNS) has an RSI value of 53.8047. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AVANOS MEDICAL INC?
The short term momentum for AVANOS MEDICAL INC (AVNS) is positive.
What is the support and resistance level for AVNS stock?
AVANOS MEDICAL INC (AVNS) has a support level at 13.88 and a resistance level at 14.78. Check the full technical report for our detailed analysis of AVNS support and resistance levels.