MISSION PRODUCE INC (AVO) Stock Technical Analysis
NASDAQ:AVO • US60510V1089
Taking everything into account, AVO scores 8 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- AVO is part of the Food Products industry. There are 88 other stocks in this industry. AVO outperforms 79% of them.
- AVO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVO is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that AVO is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AVO has a been trading in the 12.96 - 15.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although AVO has an excellent technical rating, the quality of the presented setup is not ideal 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.
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9.66
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.23 to 14.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.94 to 12.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.52 from a horizontal line in the weekly time frame.
- Support @11.25 from a horizontal line in the daily time frame.
- Support @9.76 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @14.53 from a horizontal line in the weekly time frame.
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 | 76.34 | POSITIVE | AVO has a high relative strength, it outperformed 76.34% 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 | POSITIVE | The current price of AVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.93 | 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) | 62.05 | NEUTRAL | The Stochastics value for AVO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AVO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for AVO suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 14.54 | 14.22 | 0.32 (2.20%) | 25.00% |
| An entry @14.54. This is a Buy Stop order right above the resistance zone. | An exit @14.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 2.20%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
14.44
-0.02 (-0.14%)
MISSION PRODUCE INC / AVO FAQ
Can you provide the ChartMill technical rating for MISSION PRODUCE INC?
ChartMill assigns a technical rating of 8 / 10 to AVO.
Can you provide the trend direction for MISSION PRODUCE INC?
The current trend direction for MISSION PRODUCE INC (AVO) is Bullish.
Can you provide the RSI signal for MISSION PRODUCE INC?
MISSION PRODUCE INC (AVO) has an RSI value of 63.9322. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MISSION PRODUCE INC?
The buy/sell signal for MISSION PRODUCE INC (AVO) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MISSION PRODUCE INC (AVO) stock?
MISSION PRODUCE INC (AVO) has a support level at 14.43 and a resistance level at 14.53. Check the full technical report for our detailed analysis of AVO support and resistance levels.