MISSION PRODUCE INC (AVO) Stock Technical Analysis
NASDAQ:AVO - Nasdaq - US60510V1089 - Common Stock - Currency: USD
Overall AVO gets a technical rating of 7 out of 10. Although AVO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
AVO is part of the Food Products industry. There are 91 other stocks in this industry. AVO outperforms 78% of them.
In the last month AVO has a been trading in the 11.53 - 12.70 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 yearly performance of all stocks, we notice that AVO is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Besides having an excellent technical rating, AVO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AVO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.66
12.70
We found 5 important support areas.
- A support zone ranging from 11.62 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.52 to 10.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.25 from a horizontal line in the daily time frame.
- A support zone ranging from 9.93 to 10.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.15 to 12.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.53 to 12.57. 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 | UP | POSITIVE | The short term trend for AVO is up. |
| ChartMill Relative Strength | 70.46 | POSITIVE | AVO has a high relative strength, it outperformed 70.46% 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 | 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) | 55.46 | NEUTRAL | The RSI value for AVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVO has a negative trend. |
| Stochastics (14,3) | 63.79 | NEUTRAL | The Stochastics value for AVO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for AVO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.45 | 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 |
|---|---|---|---|
| 12.34 | 11.61 | 0.73 (5.92%) | 16.90% |
| An entry @12.34. This is a Buy Stop order right above the resistance zone. | An exit @11.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.73 points, which is 5.92%. | For a 1.00% total portfolio risk, you can invest 16.90% of your capital in this trade. |
- 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.
12.1
-0.04 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.33%
1 Week2.28%
2 Weeks2.11%
1 Month-0.33%
3 Month18.63%
6 Month-3.12%
12 Month12.04%
2 Year4.13%
3 Year-14.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.79%
ATR Inc-6.92%
Range Today0.29
ADR(20)0.33
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.46
Mansfield-0.48
10 Day High12.51
10 Day Low11.53
20 Day High12.7
20 Day Low11.53
52 Week High15.25
52 Week Low9.56
CS1 End11.84
CR1 Start12.15
Volume & EV
DER(3)5.07%
DER(5)3.07%
Volume268.20K
Volume Incr-48.14%
Vol(5)258.66K
Vol(50)356.74K