21.1 USD
+0.38 (+1.83%)
21.1 USD
0 (0%)
We assign a technical rating of 2 out of 10 to AVNW. Although AVNW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AVNW has a been trading in the 20.53 - 26.25 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, AVNW did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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 trading in the upper part of its 52 week range, so AVNW is lagging the market slightly.
Volume is considerably higher in the last couple of days.
AVNW has a poor technical rating and the quality of the setup is also not perfect 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
20.06
25.83
2 important support areas can be observed.
- A support zone ranging from 20.72 to 21.04. 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.74 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.41 from a trend line in the weekly time frame.
- Resistance @24.82 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for AVNW is down. |
| ChartMill Relative Strength | 83.28 | POSITIVE | AVNW has a high relative strength, it outperformed 83.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVNW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.29 | NEUTRAL | The RSI value for AVNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests AVNW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.18 | OVERSOLD | The low Stochastics value suggests AVNW may be oversold. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for AVNW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for AVNW 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)
21.1
+0.38 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.83%
1 Week-4.57%
2 Weeks-7.5%
1 Month-15.8%
3 Month-9.01%
6 Month4.15%
12 Month36.84%
2 Year-30.39%
3 Year-32.93%
5 Year16.83%
10 Year278.14%
15 Year-15.06%
Volatility
ATR(14)1.3
ATR(20)%6.18%
ATR Inc8.98%
Range Today0.87
ADR(20)1.28
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.28
3 months CRS26.05
6 months CRS48.72
Mansfield-0.67
10 Day High23.79
10 Day Low20.53
20 Day High26.25
20 Day Low20.53
52 Week High26.83
52 Week Low15.5
CS1 End21.04
CR1 Start22.74
Volume & EV
DER(3)1.71%
DER(5)1.13%
Volume139.80K
Volume Incr53.55%
Vol(5)154.54K
Vol(50)101.46K
AVIAT NETWORKS INC / AVNW FAQ
Can you provide the ChartMill technical rating for AVIAT NETWORKS INC?
ChartMill assigns a technical rating of 2 / 10 to AVNW.
What is the current trend direction of AVIAT NETWORKS INC (AVNW) stock?
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 40.2904. This indicates that the stock is currently neutral.
What is the short term momentum for AVIAT NETWORKS INC (AVNW) stock?
The short term momentum for AVIAT NETWORKS INC (AVNW) is negative.