AVPT Technical Analysis - AVEPOINT INC

Technical Rating and Analysis

Overall AVPT gets a technical rating of 1 out of 10. AVPT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

AVPT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

AVPT has an average volume of 1464070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, AVPT outperforms 40% of them, which is more or less in line with the market.

AVPT is part of the Software industry. There are 281 other stocks in this industry, AVPT did better than 52% of them.

AVPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVPT is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

AVPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

13.89

20.00

2 important support areas can be observed.

Support @14.33 from a horizontal line in the daily time frame.
Support @14.03 from a horizontal line in the daily time frame.

5 important resistance areas can be observed.

A resistance zone ranging from 14.81 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 16.36 to 16.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @18.41 from a trend line in the daily time frame.
Resistance @19.44 from a horizontal line in the weekly time frame.
Resistance @19.80 from a horizontal line in the daily time frame.

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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	40.96	NEUTRAL	AVPT is not amongst the best or worst performers 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)	39.3	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.
Stochastics (14,3)	29.04	NEUTRAL	The Stochastics value for AVPT is a neutral value.
Average True Range in percent/ATR (20)	3.2	MEDIUM VOLATILITY	The ATR as a percentage value for AVPT suggests some volalility.
Average Directional Index/ADX (14)	25.95	POSITIVE	The high ADX value value for AVPT suggests a strong trend.