AVEPOINT INC (AVPT) Stock Technical Analysis
NASDAQ:AVPT - Nasdaq - US0536041041 - Common Stock - Currency: USD
Overall AVPT gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AVPT did better than 92% of all other stocks. On top of that, AVPT also shows a nice and consistent pattern of rising prices.
AVPT is one of the better performing stocks in the Software industry, it outperforms 81% of 282 stocks in the same industry.
AVPT 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 AVPT is lagging the market slightly.
AVPT has an average volume of 1339610 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 17.69 - 19.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AVPT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.20
20.19
We found 4 important support areas.
- A support zone ranging from 18.59 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.83 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.91 from a trend line in the weekly time frame.
- Support @14.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.44 to 19.99. 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 AVPT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVPT is neutral. |
| ChartMill Relative Strength | 92.26 | POSITIVE | AVPT has a high relative strength, it outperformed 92.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVPT is above a declining 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) | 54.29 | NEUTRAL | The RSI value for AVPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AVPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.15 | NEUTRAL | The Stochastics value for AVPT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AVPT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.81 | NEGATIVE | The low ADX value for AVPT 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 |
|---|---|---|---|
| 20.00 | 18.58 | 1.42 (7.10%) | 14.08% |
| An entry @20.00. This is a Buy Stop order right above the resistance zone. | An exit @18.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.42 points, which is 7.10%. | For a 1.00% total portfolio risk, you can invest 14.08% 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.
18.96
+0.2 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.07%
1 Week4.18%
2 Weeks2.49%
1 Month-0.11%
3 Month31.39%
6 Month10.17%
12 Month79.38%
2 Year205.81%
3 Year276.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%3.02%
ATR Inc-24.88%
Range Today0.43
ADR(20)0.56
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.26
Mansfield1.28
10 Day High19.05
10 Day Low17.78
20 Day High19.74
20 Day Low17.69
52 Week High20.25
52 Week Low9.38
CS1 End18.88
CR1 Start19.44
Volume & EV
DER(3)1.98%
DER(5)2.49%
Volume1.48M
Volume Incr-12.33%
Vol(5)1.12M
Vol(50)1.34M