DX DAILY AVGO BEAR 1X SHS (AVS) Stock Technical Analysis
NASDAQ:AVS - Nasdaq - US25461A5517 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to AVS. AVS'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, AVS is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month AVS has a been trading in the 11.70 - 13.28 range, which is quite wide. It is currently trading near the lows of this range.
AVS has a poor technical rating and the quality of the setup is also only medium 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
11.74
23.62
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.02 to 12.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.42 to 12.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.39 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for AVS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.49 | NEUTRAL | The RSI value for AVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AVS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.38 | NEUTRAL | The Stochastics value for AVS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for AVS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for AVS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.8609
-0.36 (-2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.95%
1 Week0.17%
2 Weeks-6.2%
1 Month-7.7%
3 Month-32.06%
6 Month-34%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.92%
ATR Inc18.64%
Range Today0.45
ADR(20)0.31
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.7
10 Day Low11.7
20 Day High13.28
20 Day Low11.7
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start12.02
Volume & EV
DER(3)-1.01%
DER(5)-1.11%
Volume53.10K
Volume Incr26.31%
Vol(5)70.64K
Vol(50)106.30K