Overall AVNW gets a technical rating of 4 out of 10. AVNW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month AVNW has a been trading in the 20.38 - 22.74 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, AVNW outperforms 57% of them, which is more or less in line with the market.
- AVNW is an average performer in the Communications Equipment industry, it outperforms 57% of 48 stocks in the same industry.
- AVNW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVNW is lagging the market.
Although the technical rating is only medium, AVNW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.92, a Stop Loss order could be placed below this zone.
More info and screens
20.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.35 to 21.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.60 to 20.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.26 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @22.40 from a horizontal line in the daily time frame.
- Resistance @23.12 from a trend line in the weekly time frame.
- Resistance @24.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 24.82 to 25.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @25.57 from a horizontal 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 AVNW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVNW is up. |
| ChartMill Relative Strength | 57.61 | NEUTRAL | AVNW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVNW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.2 | NEUTRAL | The RSI value for AVNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests AVNW has a positive trend. |
| Stochastics (14,3) | 66.25 | NEUTRAL | The Stochastics value for AVNW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNW suggests some volalility. |
| Average Directional Index/ADX (14) | 8.54 | NEGATIVE | The low ADX value for AVNW suggests a weak or negative trend. |
22.39
+0.31 (+1.4%)
AVIAT NETWORKS INC / AVNW FAQ
What is the ChartMill technical rating of AVIAT NETWORKS INC (AVNW) stock?
ChartMill assigns a technical rating of 4 / 10 to AVNW.
Can you provide the trend direction for AVIAT NETWORKS INC?
The current trend direction for AVIAT NETWORKS INC (AVNW) is Bearish.
What is the RSI signal for AVIAT NETWORKS INC (AVNW) stock?
AVIAT NETWORKS INC (AVNW) has an RSI value of 58.1954. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVIAT NETWORKS INC?
The MACD indicator for AVIAT NETWORKS INC (AVNW) has a value of 0.0986849, indicating a bearish trend.
What is the short term momentum for AVNW stock?
The short term momentum for AVIAT NETWORKS INC (AVNW) is positive.