NASDAQ:AVO - Nasdaq - US60510V1089 - Common Stock - Currency: USD
Taking everything into account, AVO scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AVO was also a bad performer in the overall market in the last year.
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.
9.63
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for AVO is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVO is neutral. |
ChartMill Relative Strength | 26.6 | NEGATIVE | AVO has a low relative strength, it was outperformed by 73.4% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVO is above the rising 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) | UP | MIXED | The current price of AVO is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.55 | NEUTRAL | The RSI value for AVO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVO has a positive trend. |
Stochastics (14,3) | 55.83 | NEUTRAL | The Stochastics value for AVO is a neutral value. |
Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for AVO suggests some volalility. |
Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for AVO suggests a weak or negative trend. |
10.83
+0.36 (+3.44%)