We assign a technical rating of 8 out of 10 to AVRO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVRO is showing a nice and steady performance.
Besides having an excellent technical rating, AVRO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.51. Right above this resistance zone may be a good entry point. 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
1.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.30 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a horizontal line in the daily time frame.
- Support @1.20 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.51 to 1.53. 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 AVRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVRO is neutral. |
| ChartMill Relative Strength | 92.57 | POSITIVE | AVRO has a high relative strength, it outperformed 92.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVRO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.44 | NEUTRAL | The RSI value for AVRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVRO has a negative trend. |
| Stochastics (14,3) | 31.11 | NEUTRAL | The Stochastics value for AVRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for AVRO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.41 | POSITIVE | The high ADX value value for AVRO suggests a strong trend. |
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 |
|---|---|---|---|
| 1.47 | 1.37 | 0.10 (6.99%) | 14.30% |
| An entry @1.47. This is a Buy Stop order right above the 10 day moving average. | An exit @1.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 6.99%. | For a 1.00% total portfolio risk, you can invest 14.30% 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.
1.4
-0.02 (-1.41%)
AVROBIO INC / AVRO FAQ
What is the technical rating for AVRO stock?
ChartMill assigns a technical rating of 8 / 10 to AVRO.
Can you provide the trend direction for AVROBIO INC?
The current trend direction for AVROBIO INC (AVRO) is Bullish.
What is the RSI signal for AVROBIO INC (AVRO) stock?
AVROBIO INC (AVRO) has an RSI value of 47.4439. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVROBIO INC?
The MACD indicator for AVROBIO INC (AVRO) has a value of -0.0146646, indicating a bearish trend.