AVNET INC (AVT)
US0538071038 - Common Stock
Overall AVT gets a technical rating of 8 out of 10. AVT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that AVT is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by AVT over the past year are nicely spread over this period.
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AVT is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, AVT did better than 66% of them.
In the last month AVT has a been trading in the 46.24 - 50.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AVT also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 48.97, a Stop Loss order could be placed below this zone.
More info and screens
43.50
51.51
3 important support areas can be observed.
- A support zone ranging from 46.41 to 48.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.91 to 45.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @49.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.45 to 51.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.62
Mansfield-0.61
10 Day High50.85
10 Day Low46.6
20 Day High50.85
20 Day Low46.24
52 Week High51.65
52 Week Low40.44
Performance
1 Week-1.38%
2 Weeks5.89%
1 Month1.81%
3 Month8.26%
6 Month6.03%
12 Month15.55%
2 Year1.98%
3 Year12.14%
5 Year20.98%
10 Year13.4%
15 Year114.73%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)57.05
LBB45.87
UBB50.79
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 |
|---|---|---|---|
| 49.59 | 46.59 | 3.00 (6.05%) | 16.53% |
| An entry @49.59. This is a Buy Stop order right above the resistance zone. | An exit @46.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.00 points, which is 6.05%. | For a 1.00% total portfolio risk, you can invest 16.53% of your capital in this trade. |
- 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.
AVNET INC
NASDAQ:AVT (5/3/2024, 7:00:01 PM)
After market: 49.41 0 (0%)49.41
+0.77 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.58%
1 Week-1.38%
2 Weeks5.89%
1 Month1.81%
3 Month8.26%
6 Month6.03%
12 Month15.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.21
ATR(20)%2.35%
ATR Inc
Range Today1.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High50.85
10 Day Low46.6
20 Day High50.85
20 Day Low46.24
52 Week High51.65
52 Week Low40.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume746.10K
Volume Incr125.05%
Vol(5)1.00M
Vol(50)567.24K