AVANTOR INC (AVTR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AVTR - US05352A1007 - Common Stock
We assign a technical rating of 2 out of 10 to AVTR. In the past year, AVTR 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 91% of all other stocks performed better in the past year than AVTR.
- AVTR is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 78% are performing better than AVTR.
- AVTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- AVTR has an average volume of 9656330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AVTR has a been trading in the 11.06 - 12.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVTR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
10.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.88 to 10.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.62 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.21 to 12.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.50 from a horizontal line in the daily time frame.
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 AVTR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVTR is neutral. |
| ChartMill Relative Strength | 9.36 | NEGATIVE | AVTR has a low relative strength, it was outperformed by 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.09 | NEUTRAL | The RSI value for AVTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AVTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for AVTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for AVTR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.12 | POSITIVE | The high ADX value value for AVTR suggests a strong trend. |
11.85
-0.31 (-2.55%)
AVANTOR INC / AVTR FAQ
What is the ChartMill technical rating of AVANTOR INC (AVTR) stock?
ChartMill assigns a technical rating of 2 / 10 to AVTR.
What is the trend direction for AVTR stock?
The current trend direction for AVANTOR INC (AVTR) is Bearish.
What is the RSI signal for AVTR stock?
AVANTOR INC (AVTR) has an RSI value of 50.0865. This indicates that the stock is currently neutral.
What is the MACD signal for AVANTOR INC (AVTR) stock?
The MACD indicator for AVANTOR INC (AVTR) has a value of 0.0205367, indicating a bearish trend.