AVNET INC (AVT) Technical Analysis
NASDAQ:AVT • US0538071038
Current stock price
AVT Technical Rating and Analysis
Overall AVT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AVT 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!
- Looking at the yearly performance, AVT did better than 85% of all other stocks.
- AVT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVT is performing more or less in line with the market.
- In the last month AVT has a been trading in the 58.04 - 63.05 range, which is quite wide. It is currently trading near the high of this range.
- AVT has an average volume of 1194740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AVT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, AVT did better than 60% of them.
AVT Weekly and Daily overview Charts
AVT Setup Rating and Analysis
AVT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 59.33, a Stop Loss order could be placed below this zone.
More info and screens
AVT Support and Resistance Analysis
47.55
We found 3 important support areas.
- A support zone ranging from 58.44 to 59.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.38 from a trend line in the daily time frame.
- Support @48.03 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.32 to 67.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVT 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 | UP | POSITIVE | The long term trend for AVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVT is up. |
| ChartMill Relative Strength | 85.25 | POSITIVE | AVT has a high relative strength, it outperformed 85.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.32 | NEUTRAL | The RSI value for AVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AVT has a positive trend. |
| Stochastics (14,3) | 85.6 | OVERBOUGHT | The high Stochastics value suggests AVT may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for AVT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for AVT suggests a strong trend. |
AVT Chart- and CandleStick Pattern Analysis
AVT Example Setup
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 |
|---|---|---|---|
| 63.06 | 58.43 | 4.63 (7.33%) | 13.63% |
| An entry @63.05. This is a Buy Stop order right above the 10 day high. | An exit @58.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.63 points, which is 7.33%. | When investing 13.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
AVT Technicals: Chart, Performance Metrics, Trend & Indicators
61.87
-1.04 (-1.65%)
AVNET INC / AVT TA FAQ
Can you provide the ChartMill technical rating for AVNET INC?
ChartMill assigns a technical rating of 9 / 10 to AVT.
What is the trend direction for AVT stock?
The current trend direction for AVNET INC (AVT) is Bullish.
What is the RSI signal for AVT stock?
AVNET INC (AVT) has an RSI value of 52.3213. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AVNET INC?
The short term momentum for AVNET INC (AVT) is positive.
What is the support and resistance level for AVT stock?
AVNET INC (AVT) has a support level at 59.33 and a resistance level at 67.32. Check the full technical report for our detailed analysis of AVT support and resistance levels.