AVEPOINT INC (AVPT) Stock Technical Analysis
NASDAQ:AVPT • US0536041041
Overall AVPT gets a technical rating of 0 out of 10. AVPT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than AVPT.
- AVPT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AVPT has a been trading in the 10.12 - 13.17 range, which is quite wide. It is currently trading near the lows of this range.
- AVPT has an average volume of 2193870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AVPT is part of the Software industry. There are 276 other stocks in this industry, AVPT did better than 46% of them.
The technical rating of AVPT 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
10.44
We found 1 important support area.
- Support @10.55 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @10.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.40 to 11.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.76 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.28 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for AVPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVPT is down. |
| ChartMill Relative Strength | 11.01 | NEGATIVE | AVPT has a low relative strength, it was outperformed by 88.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.13 | NEUTRAL | The RSI value for AVPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AVPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.01 | OVERSOLD | The low Stochastics value suggests AVPT may be oversold. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for AVPT suggests some volalility. |
| Average Directional Index/ADX (14) | 43.41 | POSITIVE | The high ADX value value for AVPT suggests a strong trend. |
10.56
+0.13 (+1.25%)
AVEPOINT INC / AVPT FAQ
Can you provide the ChartMill technical rating for AVEPOINT INC?
ChartMill assigns a technical rating of 0 / 10 to AVPT.
What is the current trend direction of AVEPOINT INC (AVPT) stock?
The current trend direction for AVEPOINT INC (AVPT) is Bearish.
Can you provide the RSI signal for AVEPOINT INC?
AVEPOINT INC (AVPT) has an RSI value of 32.128. This indicates that the stock is currently neutral.
What is the buy/sell signal for AVEPOINT INC (AVPT) stock?
The buy/sell signal for AVEPOINT INC (AVPT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for AVPT stock?
AVEPOINT INC (AVPT) has a support level at 10.55 and a resistance level at 10.94. Check the full technical report for our detailed analysis of AVPT support and resistance levels.