MISSION PRODUCE INC (AVO) Stock Technical Analysis
USA - NASDAQ:AVO - US60510V1089 - Common Stock
12.56 USD
+0.03 (+0.24%)
12.56 USD
0 (0%)
We assign a technical rating of 6 out of 10 to AVO. In the last year, AVO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month AVO has a been trading in the 11.63 - 13.85 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.
When comparing the performance of all stocks over the past year, AVO turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
AVO is an average performer in the Food Products industry, it outperforms 67% of 89 stocks in the same industry.
AVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVO is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, AVO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 12.56, a Stop Loss order could be placed below this zone.
More info and screens
9.66
13.22
We found 6 important support areas.
- A support zone ranging from 12.34 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.93 to 12.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.72 to 11.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.19 from a trend line in the weekly time frame.
- Support @9.93 from a horizontal line in the daily time frame.
- Support @9.76 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @12.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.82 to 13.09. 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 | UP | POSITIVE | The long term trend for AVO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVO is neutral. |
| ChartMill Relative Strength | 42.9 | NEUTRAL | AVO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for AVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVO has a negative trend. |
| Stochastics (14,3) | 40.84 | NEUTRAL | The Stochastics value for AVO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for AVO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.11 | NEGATIVE | The low ADX value for AVO 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.59 | 12.33 | 0.26 (2.07%) | 25.00% |
| An entry @12.59. This is a Buy Stop order right above the resistance zone. | An exit @12.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 2.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of AVO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.56
+0.03 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.24%
1 Week-2.56%
2 Weeks-3.98%
1 Month0%
3 Month5.99%
6 Month24.11%
12 Month-3.01%
2 Year29.75%
3 Year-13.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.6%
ATR Inc-54.65%
Range Today0.24
ADR(20)0.42
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.9
Mansfield-0.57
10 Day High13.12
10 Day Low11.63
20 Day High13.85
20 Day Low11.63
52 Week High15.25
52 Week Low9.56
CS1 End12.56
CR1 Start12.58
Volume & EV
DER(3)-1.08%
DER(5)2.31%
Volume393.40K
Volume Incr33.3%
Vol(5)641.47K
Vol(50)369.79K