Overall AVT gets a technical rating of 3 out of 10. In the past year, AVT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
AVT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
43.92
We found 3 important support areas.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for AVT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVT is up. |
| ChartMill Relative Strength | 26.85 | NEGATIVE | AVT has a low relative strength, it was outperformed by 73.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AVT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.51 | NEUTRAL | The RSI value for AVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for AVT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for AVT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for AVT suggests a weak or negative trend. |
49.28
+0.06 (+0.12%)
ChartMill assigns a technical rating of 3 / 10 to AVT.
The current trend direction for AVNET INC (AVT) is Bearish.
AVNET INC (AVT) has an RSI value of 53.5055. This indicates that the stock is currently neutral.
The MACD indicator for AVNET INC (AVT) has a value of 0.00525158, indicating a bearish trend.
AVNET INC (AVT) has a support level at 49.21 and a resistance level at 49.53. Check the full technical report for our detailed analysis of AVT support and resistance levels.