AVAST PLC (AVST.L) Stock Technical Analysis
LON:AVST - London Exchange - GB00BDD85M81 - Common Stock - Currency: GBX
We assign a technical rating of 9 out of 10 to AVST. Both in the recent history as in the last year, AVST has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
AVST is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AVST is leading the market.
In the last month AVST has a been trading in the 675.80 - 725.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AVST is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although AVST has an excellent technical rating, it does not present a decent entry opportunity 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
447.48
728.22
3 important support areas can be observed.
- A support zone ranging from 675.99 to 680.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @473.10 from a horizontal line in the daily time frame.
- Support @452.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 716.61 to 721.01. 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 AVST.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVST.L is up. |
| ChartMill Relative Strength | 96.97 | POSITIVE | AVST.L has a high relative strength, it outperformed 96.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVST.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVST.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVST.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.43 | OVERBOUGHT | The high RSI value suggests AVST.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.6 | NEGATIVE | The MACD value suggests AVST.L has a negative trend. |
| Stochastics (14,3) | 84.84 | OVERBOUGHT | The high Stochastics value suggests AVST.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for AVST.L suggests low volalility. |
| Average Directional Index/ADX (14) | 51.4 | POSITIVE | The high ADX value value for AVST.L 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)
LON:AVST (9/9/2022, 5:35:15 PM)
716.6
-4.2 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week0.17%
2 Weeks2.64%
1 Month5.82%
3 Month48.15%
6 Month11.93%
12 Month21.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.39
ATR(20)%1.16%
ATR Inc74.67%
Range Today15.6
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.97
Mansfield3.08
10 Day High725
10 Day Low693.6
20 Day High725
20 Day Low675.8
52 Week High725
52 Week Low456.1
CS1 End680.99
CR1 Start716.61
Volume & EV
DER(3)2.51%
DER(5)3.72%
Volume1.43M
Volume Incr52.59%
Vol(5)925.20K
Vol(50)763.81K