AVIENT CORP (AVNT) Stock Technical Analysis
NYSE:AVNT - New York Stock Exchange, Inc. - US05368V1061 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AVNT. AVNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
80% of all other stocks performed better in the past year than AVNT.
AVNT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AVNT has a been trading in the 27.86 - 34.62 range, which is quite wide. It is currently trading near the high of this range.
AVNT is an average performer in the Chemicals industry, it outperforms 54% of 85 stocks in the same industry.
The technical rating of AVNT is bad and it also does not present a 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
30.12
37.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.86 to 33.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.42 to 31.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.21 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.74 from a trend line in the daily time frame.
- A resistance zone ranging from 36.56 to 36.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.72
Mansfield-2.19
10 Day High34.62
10 Day Low30.38
20 Day High34.62
20 Day Low27.86
52 Week High54.68
52 Week Low27.86
Performance
1 Week2.58%
2 Weeks9.62%
1 Month5.23%
3 Month-20.28%
6 Month-25.88%
12 Month-22.55%
2 Year-6.3%
3 Year-30.49%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.58
RSI(14)50.95
LBB30.34
UBB34.75
34.2
+0.78 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.33%
1 Week2.58%
2 Weeks9.62%
1 Month5.23%
3 Month-20.28%
6 Month-25.88%
12 Month-22.55%
2 Year-6.3%
3 Year-30.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%5.31%
ATR Inc-25.69%
Range Today1.05
ADR(20)1.59
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.72
Mansfield-2.19
10 Day High34.62
10 Day Low30.38
20 Day High34.62
20 Day Low27.86
52 Week High54.68
52 Week Low27.86
CS1 End33.03
CR1 Start34.21
Volume & EV
DER(3)-1.84%
DER(5)-1.4%
Volume410.00K
Volume Incr-43.67%
Vol(5)472.14K
Vol(50)720.91K