AVANTOR INC (AVTR) Stock Technical Analysis
NYSE:AVTR - US05352A1007 - Common Stock
13.47 USD
+0.26 (+1.97%)
13.47 USD
0 (0%)
We assign a technical rating of 3 out of 10 to AVTR. Recently some decent action could be observed, but in the medium term time frame this is still negative. AVTR was also a bad performer in the overall market in the last year.
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 55 other stocks in this industry, of which 77% 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.
In the last month AVTR has a been trading in the 11.03 - 13.99 range, which is quite wide. It is currently trading near the high of this range.
AVTR has an average volume of 13588300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, AVTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 13.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AVTR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.42
14.99
We found 2 important support areas.
- A support zone ranging from 13.08 to 13.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.55 to 12.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @13.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.22 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.84 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for AVTR is up. |
| ChartMill Relative Strength | 9.61 | NEGATIVE | AVTR has a low relative strength, it was outperformed by 90.39% 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) | 57.37 | NEUTRAL | The RSI value for AVTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AVTR has a positive trend. |
| Stochastics (14,3) | 68.85 | NEUTRAL | The Stochastics value for AVTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AVTR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for AVTR suggests a weak or negative trend. |
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)
13.47
+0.26 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg1.97%
1 Week1.51%
2 Weeks4.18%
1 Month18.57%
3 Month4.34%
6 Month-19.34%
12 Month-47.87%
2 Year-37.78%
3 Year-45.93%
5 Year-40.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.64%
ATR Inc-20.62%
Range Today0.43
ADR(20)0.46
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.61
Mansfield-3.2
10 Day High13.99
10 Day Low12.48
20 Day High13.99
20 Day Low11.03
52 Week High27.83
52 Week Low10.83
CS1 End13.46
CR1 Start13.92
Volume & EV
DER(3)6.02%
DER(5)4.04%
Volume8.42M
Volume Incr36.76%
Vol(5)19.51M
Vol(50)13.59M