AVEPOINT INC (AVPT) Technical Analysis
NASDAQ:AVPT • US0536041041
Current stock price
AVPT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AVPT. AVPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than AVPT.
- AVPT is part of the Software industry. There are 271 other stocks in this industry, of which 60% are performing better 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.
- AVPT has an average volume of 1931750 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 8.84 - 10.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVPT Weekly and Daily overview Charts
AVPT Setup Rating and Analysis
Although the technical rating is bad, AVPT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.75, a Stop Loss order could be placed below this zone.
More info and screens
AVPT Support and Resistance Analysis
8.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.63 to 9.75. 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 8.98 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @10.04 from a horizontal line in the daily time frame.
- Resistance @10.79 from a trend line in the daily time frame.
- Resistance @11.10 from a horizontal line in the weekly time frame.
- Resistance @14.28 from a horizontal line in the daily time frame.
AVPT Technical Indicator Signal Analysis
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 | 10.52 | NEGATIVE | AVPT has a low relative strength, it was outperformed by 89.48% 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) | 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) | 46.85 | NEUTRAL | The RSI value for AVPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AVPT has a positive trend. |
| Stochastics (14,3) | 45.05 | NEUTRAL | The Stochastics value for AVPT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for AVPT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for AVPT suggests a possible start of a new trend. |
AVPT Chart- and CandleStick Pattern Analysis
AVPT Technicals: Chart, Performance Metrics, Trend & Indicators
9.75
+0.35 (+3.72%)
AVEPOINT INC / AVPT TA 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.
What is the RSI signal for AVPT stock?
AVEPOINT INC (AVPT) has an RSI value of 46.8498. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AVEPOINT INC?
The buy/sell signal for AVEPOINT INC (AVPT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for AVEPOINT INC?
AVEPOINT INC (AVPT) has a support level at 9.75 and a resistance level at 10.04. Check the full technical report for our detailed analysis of AVPT support and resistance levels.