AVANT BRANDS INC (AVNT.CA) Stock Technical Analysis
Canada - TSX:AVNT - CA05353D2023 - Common Stock
0.82 CAD
+0.01 (+1.23%)
Overall AVNT gets a technical rating of 3 out of 10. In the past year, AVNT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, AVNT is a bad performer in the overall market: 87% of all stocks are doing better.
AVNT is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, of which 63% are performing better than AVNT.
Warning: AVNT has an average volume of 10982 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 0.73 - 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.
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.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AVNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.82, a Stop Loss order could be placed below this zone.
More info and screens
0.61
0.93
We found 3 important support areas.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.70 from a trend line in the weekly time frame.
- Support @0.62 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.92 to 0.92. 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 AVNT.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNT.CA is up. |
| ChartMill Relative Strength | 13.41 | NEGATIVE | AVNT.CA has a low relative strength, it was outperformed by 86.59% off all stocks 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) | UP | MIXED | The current price of AVNT.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.31 | 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) | 22.92 | NEUTRAL | The Stochastics value for AVNT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.39 | HIGH VOLATILITY | The high ATR as a percentage value for AVNT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for AVNT.CA 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)
TSX:AVNT (9/19/2025, 7:00:00 PM)
0.82
+0.01 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.23%
1 Week-1.2%
2 Weeks-2.38%
1 Month-6.82%
3 Month9.33%
6 Month-18%
12 Month-28.7%
2 Year-84.38%
3 Year-86.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.39%
ATR Inc-91.86%
Range Today0.01
ADR(20)0.06
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.41
Mansfield-1.61
10 Day High0.87
10 Day Low0.8
20 Day High1
20 Day Low0.73
52 Week High1.44
52 Week Low0.46
CS1 End0.82
CR1 Start0.86
Volume & EV
DER(3)0%
DER(5)0%
Volume2.69K
Volume Incr-87.07%
Vol(5)2.34K
Vol(50)10.98K