Taking everything into account, AVPT scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, AVPT is a bad performer in the overall market: 87% of all stocks are doing better.
- AVPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AVPT has a been trading in the 12.27 - 14.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- AVPT has an average volume of 2009530 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 277 other stocks in this industry, AVPT did better than 47% 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
11.95
We found 2 important support areas.
- Support @12.42 from a trend line in the weekly time frame.
- A support zone ranging from 12.07 to 12.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.21 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.95 to 14.28. 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 | 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 | 13.8 | NEGATIVE | AVPT has a low relative strength, it was outperformed by 86.2% 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) | 35.45 | NEUTRAL | The RSI value for AVPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AVPT has a negative trend. |
| Stochastics (14,3) | 6.47 | OVERSOLD | The low Stochastics value suggests AVPT may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for AVPT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for AVPT suggests a possible start of a new trend. |
12.52
+0.12 (+0.97%)
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 35.4487. 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 12.42 and a resistance level at 13.21. Check the full technical report for our detailed analysis of AVPT support and resistance levels.