MISSION PRODUCE INC (AVO) Technical Analysis
NASDAQ:AVO • US60510V1089
Current stock price
AVO Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AVO. AVO 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 AVO has a been trading in the 11.76 - 15.02 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- AVO is one of the better performing stocks in the Food Products industry, it outperforms 75% of 87 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, AVO did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- AVO 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 AVO is lagging the market slightly.
AVO Weekly and Daily overview Charts
AVO Setup Rating and Analysis
The technical rating of AVO 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
AVO Support and Resistance Analysis
9.66
4 important support areas can be observed.
- Support @12.07 from a trend line in the weekly time frame.
- A support zone ranging from 11.51 to 11.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 11.24 to 11.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.31 to 14.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVO 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 AVO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVO is down. |
| ChartMill Relative Strength | 74.29 | POSITIVE | AVO has a high relative strength, it outperformed 74.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.7 | NEUTRAL | The RSI value for AVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests AVO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.31 | OVERSOLD | The low Stochastics value suggests AVO may be oversold. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for AVO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for AVO suggests a possible start of a new trend. |
AVO Chart- and CandleStick Pattern Analysis
AVO Technicals: Chart, Performance Metrics, Trend & Indicators
12.49
+0.33 (+2.71%)
MISSION PRODUCE INC / AVO TA FAQ
Can you provide the ChartMill technical rating for MISSION PRODUCE INC?
ChartMill assigns a technical rating of 2 / 10 to AVO.
Can you provide the trend direction for MISSION PRODUCE INC?
The current trend direction for MISSION PRODUCE INC (AVO) is Bearish.
Can you provide the RSI signal for MISSION PRODUCE INC?
MISSION PRODUCE INC (AVO) has an RSI value of 36.6956. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MISSION PRODUCE INC?
MISSION PRODUCE INC (AVO) has a support level at 12.07 and a resistance level at 14.31. Check the full technical report for our detailed analysis of AVO support and resistance levels.