AVT Technical Analysis - AVENIR TELECOM

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to AVT. AVT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

96% of all other stocks performed better in the past year than AVT.

AVT is part of the Specialty Retail industry. There are 53 other stocks in this industry, of which 80% are performing better than AVT.

AVT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month AVT has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, AVT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.03

0.06

We found 1 important support area.

Support @0.03 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

Resistance @0.03 from a trend line in the daily time frame.
A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @0.06 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 AVT.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for AVT.PA is down.
ChartMill Relative Strength	4.14	NEGATIVE	AVT.PA has a low relative strength, it was outperformed by 95.86% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of AVT.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of AVT.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of AVT.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.64	NEUTRAL	The RSI value for AVT.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests AVT.PA has a negative trend.
Stochastics (14,3)	41.76	NEUTRAL	The Stochastics value for AVT.PA is a neutral value.
Average True Range in percent/ATR (20)	5.38	HIGH VOLATILITY	The high ATR as a percentage value for AVT.PA suggests high volalility.
Average Directional Index/ADX (14)	13.26	NEGATIVE	The low ADX value for AVT.PA suggests a weak or negative trend.