AVANT BRANDS INC (AVNT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AVNT - CA05353D2023 - Common Stock
Taking everything into account, AVNT scores 5 out of 10 in our technical rating. AVNT 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.
- Warning: AVNT has an average volume of 14972 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month AVNT has a been trading in the 0.78 - 1.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, AVNT turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- AVNT is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, AVNT did better than 68% of them.
- AVNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVNT is lagging the market.
AVNT has only a medium 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 0.94. Right above this resistance zone may be a good entry point.
More info and screens
0.60
2 important support areas can be observed.
- Support @0.83 from a horizontal line in the daily time frame.
- Support @0.61 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.98 from a horizontal line in the weekly time frame.
- Resistance @1.03 from a trend 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 AVNT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVNT.CA is neutral. |
| ChartMill Relative Strength | 58.23 | NEUTRAL | AVNT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVNT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVNT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVNT.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.28 | NEUTRAL | The RSI value for AVNT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVNT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.39 | NEUTRAL | The Stochastics value for AVNT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for AVNT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for AVNT.CA suggests a weak or negative trend. |
TSX:AVNT (1/23/2026, 7:00:00 PM)
0.91
+0.07 (+8.33%)
AVANT BRANDS INC / AVNT.CA FAQ
Can you provide the ChartMill technical rating for AVANT BRANDS INC?
ChartMill assigns a technical rating of 5 / 10 to AVNT.CA.
Can you provide the trend direction for AVANT BRANDS INC?
The current trend direction for AVANT BRANDS INC (AVNT.CA) is Bearish.
What is the RSI signal for AVANT BRANDS INC (AVNT.CA) stock?
AVANT BRANDS INC (AVNT.CA) has an RSI value of 51.2802. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVANT BRANDS INC?
The MACD indicator for AVANT BRANDS INC (AVNT.CA) has a value of -0.0128608, indicating a bearish trend.
What is the support and resistance level for AVNT stock?
AVANT BRANDS INC (AVNT.CA) has a support level at 0.83 and a resistance level at 0.94. Check the full technical report for our detailed analysis of AVNT.CA support and resistance levels.