AVIAT NETWORKS INC (AVNW) Technical Analysis
NASDAQ:AVNW • US05366Y2019
Current stock price
AVNW Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to AVNW. AVNW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month AVNW has a been trading in the 22.24 - 26.84 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that AVNW is one of the better performing stocks in the market, outperforming 78% of all 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 42% 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.
AVNW Weekly and Daily overview Charts
AVNW Setup Rating and Analysis
The technical rating of AVNW 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
AVNW Support and Resistance Analysis
20.39
When analyzing the support we can see 2 important areas.
- Support @21.80 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.89 to 26.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVNW Technical Indicator Signal Analysis
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 | 78.86 | POSITIVE | AVNW has a high relative strength, it outperformed 78.86% 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) | UP | MIXED | The current price of AVNW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AVNW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.41 | NEUTRAL | The RSI value for AVNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests AVNW has a negative trend. |
| Stochastics (14,3) | 17.04 | OVERSOLD | The low Stochastics value suggests AVNW may be oversold. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for AVNW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for AVNW suggests a strong trend. |
AVNW Chart- and CandleStick Pattern Analysis
AVNW Technicals: Chart, Performance Metrics, Trend & Indicators
22.93
-0.82 (-3.45%)
AVIAT NETWORKS INC / AVNW TA FAQ
What is the ChartMill technical rating of AVIAT NETWORKS INC (AVNW) stock?
ChartMill assigns a technical rating of 3 / 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 37.4131. 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 -0.300719, indicating a bearish trend.
What is the short term momentum for AVNW stock?
The short term momentum for AVIAT NETWORKS INC (AVNW) is negative.