AVNET INC (AVT) Technical Analysis
NASDAQ:AVT • US0538071038
Current stock price
60.28 USD
+0.55 (+0.92%)
At close:
60.28 USD
0 (0%)
Pre-Market:
AVT Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to AVT. In the last year, AVT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month AVT has a been trading in the 58.60 - 68.29 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, AVT did better than 84% 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.
- AVT has an average volume of 1206070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- AVT is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 63% of 124 stocks in the same industry.
AVT Weekly and Daily overview Charts
AVT Setup Rating and Analysis
AVT has an excellent technical rating, but the quality of the setup is 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
AVT Support and Resistance Analysis
47.33
68.01
4 important support areas can be observed.
- A support zone ranging from 59.03 to 59.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.79 from a trend line in the daily time frame.
- Support @52.11 from a horizontal line in the daily time frame.
- Support @47.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 66.62 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 | DOWN | NEGATIVE | The short term trend for AVT is down. |
| ChartMill Relative Strength | 84.77 | POSITIVE | AVT has a high relative strength, it outperformed 84.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVT is above 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) | 42.41 | NEUTRAL | The RSI value for AVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests AVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.81 | OVERSOLD | The low Stochastics value suggests AVT may be oversold. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for AVT suggests some volalility. |
| Average Directional Index/ADX (14) | 35.72 | POSITIVE | The high ADX value value for AVT suggests a strong trend. |
AVT Chart- and CandleStick Pattern Analysis
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)
AVT Technicals: Chart, Performance Metrics, Trend & Indicators
60.28
+0.55 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.92%
1 Week-2.06%
2 Weeks-7.23%
1 Month-8.38%
3 Month21.14%
6 Month13.56%
12 Month28.28%
2 Year21.58%
3 Year33.36%
5 Year45.22%
10 Year36.07%
15 Year76.83%
Volatility
ATR(14)1.77
ATR(20)%2.91%
ATR Inc-17.3%
Range Today0.62
ADR(20)1.61
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.77
3 months CRS91.57
6 months CRS82.97
Mansfield0.91
10 Day High64.14
10 Day Low58.6
20 Day High68.29
20 Day Low58.6
52 Week High68.29
52 Week Low39.22
CS1 End59.72
CR1 Start66.62
Volume & EV
DER(3)0.26%
DER(5)1.43%
Volume710.80K
Volume Incr-20.65%
Vol(5)803.24K
Vol(50)1.21M
AVNET INC / AVT TA FAQ
Can you provide the ChartMill technical rating for AVNET INC?
ChartMill assigns a technical rating of 7 / 10 to AVT.
What is the trend direction for AVT stock?
The current trend direction for AVNET INC (AVT) is Bullish.
Can you provide the RSI signal for AVNET INC?
AVNET INC (AVT) has an RSI value of 42.4122. This indicates that the stock is currently neutral.
What is the MACD signal for AVT stock?
The MACD indicator for AVNET INC (AVT) has a value of -0.926077, indicating a bearish trend.
Can you provide the buy/sell signal for AVNET INC?
The buy/sell signal for AVNET INC (AVT) is hold as the short term and long term trends are mixed.