AVEPOINT INC (AVPT) Stock Technical Analysis
NASDAQ:AVPT - Nasdaq - US0536041041 - Common Stock - Currency: USD
Taking everything into account, AVPT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AVPT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AVPT did better than 96% of all other stocks. We also observe that the gains produced by AVPT over the past year are nicely spread over this period.
AVPT is one of the better performing stocks in the Software industry, it outperforms 91% of 283 stocks in the same industry.
AVPT 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 AVPT is performing more or less in line with the market.
AVPT has an average volume of 1180490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AVPT has a been trading in the 15.68 - 20.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AVPT has an excellent technical rating, it does not present a decent entry opportunity 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
10.82
20.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.89 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.88 to 14.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.50 from a horizontal line in the daily time frame.
- Support @10.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @19.44 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 19.80 to 19.99. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for AVPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVPT is up. |
| ChartMill Relative Strength | 96.01 | POSITIVE | AVPT has a high relative strength, it outperformed 96.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.7 | NEUTRAL | The RSI value for AVPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AVPT has a negative trend. |
| Stochastics (14,3) | 48.89 | NEUTRAL | The Stochastics value for AVPT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AVPT suggests some volalility. |
| Average Directional Index/ADX (14) | 32.56 | POSITIVE | The high ADX value value for AVPT 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)
18.11
-0.21 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.15%
1 Week-7.6%
2 Weeks4.08%
1 Month14.91%
3 Month2.37%
6 Month-2.48%
12 Month97.71%
2 Year177.16%
3 Year213.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.26%
ATR Inc-30.58%
Range Today0.4
ADR(20)0.51
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.01
Mansfield2.52
10 Day High20.25
10 Day Low18.09
20 Day High20.25
20 Day Low15.68
52 Week High20.25
52 Week Low8.87
CS1 End18.31
CR1 Start19.44
Volume & EV
DER(3)-0.68%
DER(5)-2.13%
Volume633.07K
Volume Incr-8.98%
Vol(5)1.09M
Vol(50)1.18M