AVALO THERAPEUTICS INC (AVTX) Stock Technical Analysis
NASDAQ:AVTX - Nasdaq - US05338F3064 - Common Stock - Currency: USD
Overall AVTX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVTX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AVTX is part of the Biotechnology industry. There are 550 other stocks in this industry. AVTX outperforms 89% of them.
In the last month AVTX has a been trading in the 4.81 - 9.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that AVTX is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
AVTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVTX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AVTX has an excellent technical rating, it does not offer a high quality setup 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
9.27
9.45
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 AVTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVTX is up. |
| ChartMill Relative Strength | 94.98 | POSITIVE | AVTX has a high relative strength, it outperformed 94.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.44 | OVERBOUGHT | The high RSI value suggests AVTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests AVTX has a positive trend. |
| Stochastics (14,3) | 83.64 | OVERBOUGHT | The high Stochastics value suggests AVTX may be overbought. |
| Average True Range in percent/ATR (20) | 8.98 | HIGH VOLATILITY | The high ATR as a percentage value for AVTX suggests high volalility. |
| Average Directional Index/ADX (14) | 49.67 | POSITIVE | The high ADX value value for AVTX suggests a strong 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)
9.36
+0.35 (+3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.94%
1 Week14.15%
2 Weeks43.12%
1 Month95%
3 Month139.39%
6 Month27.35%
12 Month3.2%
2 Year-61%
3 Year-99.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%8.98%
ATR Inc77.02%
Range Today1.37
ADR(20)0.83
ADR(20)%8.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.98
Mansfield1.09
10 Day High9.88
10 Day Low6.51
20 Day High9.88
20 Day Low4.81
52 Week High16
52 Week Low3.39
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.46%
DER(5)7.78%
Volume148.00K
Volume Incr52.45%
Vol(5)359.58K
Vol(50)185.60K