ANTERIS TECHNOLOGIES GLOBAL (AVR) Stock Technical Analysis
NASDAQ:AVR • US03675P1021
Taking everything into account, AVR scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AVR is only an average performer.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- AVR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 185 stocks in the same industry.
- AVR has an average volume of 1073750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that AVR is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- AVR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVR is lagging the market.
- In the last month AVR has a been trading in the 5.11 - 6.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AVR has an excellent technical rating, it does not offer a high 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.
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3.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.72 to 5.75. 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 5.58 to 5.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.35 to 5.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.27 from a trend line in the weekly time frame.
- Resistance @6.47 from a horizontal line in the weekly 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 AVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVR is up. |
| ChartMill Relative Strength | 78.17 | POSITIVE | AVR has a high relative strength, it outperformed 78.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61 | NEUTRAL | The RSI value for AVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.23 | NEUTRAL | The Stochastics value for AVR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for AVR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for AVR suggests a weak or negative trend. |
6.16
+0.48 (+8.45%)
ANTERIS TECHNOLOGIES GLOBAL / AVR FAQ
What is the ChartMill technical rating of ANTERIS TECHNOLOGIES GLOBAL (AVR) stock?
ChartMill assigns a technical rating of 7 / 10 to AVR.
Can you provide the trend direction for ANTERIS TECHNOLOGIES GLOBAL?
The current trend direction for ANTERIS TECHNOLOGIES GLOBAL (AVR) is Bullish.
What is the RSI signal for AVR stock?
ANTERIS TECHNOLOGIES GLOBAL (AVR) has an RSI value of 60.9991. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANTERIS TECHNOLOGIES GLOBAL?
The MACD indicator for ANTERIS TECHNOLOGIES GLOBAL (AVR) has a value of -0.0130555, indicating a bearish trend.
What is the support and resistance level for AVR stock?
ANTERIS TECHNOLOGIES GLOBAL (AVR) has a support level at 5.75 and a resistance level at 6.27. Check the full technical report for our detailed analysis of AVR support and resistance levels.