Avcorp Industries Inc (AVP.CA) Stock Technical Analysis
TSX:AVP - Toronto Stock Exchange - CA05354K3047 - Common Stock - Currency: CAD
Overall AVP gets a technical rating of 5 out of 10. In the last year, AVP was one of the better performers, but we do observe 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!
AVP is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 80% of 11 stocks in the same industry.
AVP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVP is performing more or less in line with the market.
Looking at the yearly performance, AVP did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month AVP has a been trading in a tight range between 0.10 and 0.11.
Volume is considerably higher in the last couple of days.
AVP has an average technical rating and it also does not offer a high 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
0.07
0.11
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 AVP.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVP.CA is neutral. |
| ChartMill Relative Strength | 85.25 | POSITIVE | AVP.CA has a high relative strength, it outperformed 85.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for AVP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for AVP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for AVP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.72 | POSITIVE | The high ADX value value for AVP.CA suggests a strong 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)
TSX:AVP (11/8/2022, 7:00:00 PM)
0.105
-0.01 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-4.55%
1 Week0%
2 Weeks0%
1 Month0%
3 Month0%
6 Month5%
12 Month5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.95%
ATR Inc600%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.25
Mansfield2.28
10 Day High0.11
10 Day Low0.11
20 Day High0.11
20 Day Low0.11
52 Week High0.12
52 Week Low0.06
CS1 End0.07
CR1 Start0.11
Volume & EV
DER(3)0%
DER(5)0%
Volume306.00K
Volume Incr32.44%
Vol(5)71.15K
Vol(50)50.82K