AVANOS MEDICAL INC (AVNS) Stock Technical Analysis
NYSE:AVNS - US05350V1061 - Common Stock
11.94 USD
+0.07 (+0.59%)
11.94 USD
0 (0%)
Overall AVNS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AVNS was also a bad performer in the overall market in the last year.
93% of all other stocks performed better in the past year than AVNS.
AVNS is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 70% of 185 stocks in the same industry do better.
AVNS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AVNS has a been trading in the 9.30 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AVNS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.03. Right above this resistance zone may be a good entry point. 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
11.04
13.25
When analyzing the support we notice one important area.
- A support zone ranging from 11.15 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.12 to 13.12. 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 | DOWN | NEGATIVE | The long term trend for AVNS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNS is up. |
| ChartMill Relative Strength | 7.56 | NEGATIVE | AVNS has a low relative strength, it was outperformed by 92.44% 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) | DOWN | MIXED | The current price of AVNS is above 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) | 58.87 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 95.54 | OVERBOUGHT | The high Stochastics value suggests AVNS may be overbought. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for AVNS suggests a possible start of a new 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)
11.94
+0.07 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.59%
1 Week1.96%
2 Weeks6.61%
1 Month8.74%
3 Month-5.01%
6 Month-20.66%
12 Month-50.7%
2 Year-43.25%
3 Year-51.52%
5 Year-63.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%4.31%
ATR Inc-31.99%
Range Today0.24
ADR(20)0.51
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.56
Mansfield-3.11
10 Day High12
10 Day Low11.12
20 Day High12
20 Day Low9.3
52 Week High25.36
52 Week Low9.3
CS1 End11.15
CR1 Start12.03
Volume & EV
DER(3)3.14%
DER(5)1.27%
Volume647.20K
Volume Incr-30.21%
Vol(5)557.78K
Vol(50)608.77K