AVALO THERAPEUTICS INC (AVTX)
US05338F3064 - Common Stock
Overall AVTX gets a technical rating of 6 out of 10. Although AVTX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
AVTX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AVTX is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
AVTX is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 588 stocks in the same industry.
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.
Looking at the yearly performance, AVTX did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month AVTX has a been trading in the 11.10 - 20.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVTX has an average technical rating and the quality of the presented setup is also not ideal 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
13.48
22.13
We found 2 important support areas.
- A support zone ranging from 16.82 to 16.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.62 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @18.49 from a trend line in the daily time frame.
- Resistance @18.84 from a trend line in the weekly time frame.
- Resistance @21.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.6
Mansfield-8.92
10 Day High18.79
10 Day Low11.46
20 Day High20.85
20 Day Low11.1
52 Week High1130.4
52 Week Low3.95
Performance
1 Week38.25%
2 Weeks10.76%
1 Month-5.7%
3 Month280.18%
6 Month-31.91%
12 Month-97.29%
2 Year-98.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.1
RSI(14)64.2
LBB11.21
UBB17.56
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 |
|---|---|---|---|
| 18.50 | 16.81 | 1.69 (9.14%) | 10.95% |
| An entry @18.50. This is a Buy Stop order right above the resistance zone. | An exit @16.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.69 points, which is 9.14%. | When investing 10.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AVTX. Please evaluate whether better entry and exit points can be found.
- 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.
AVALO THERAPEUTICS INC
NASDAQ:AVTX (4/29/2024, 4:20:00 PM)
After market: 16.9 +0.02 (+0.12%)16.88
+0.94 (+5.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.9%
1 Week38.25%
2 Weeks10.76%
1 Month-5.7%
3 Month280.18%
6 Month-31.91%
12 Month-97.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.88
ATR(20)%14.34%
ATR Inc
Range Today1.81
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 High18.79
10 Day Low11.46
20 Day High20.85
20 Day Low11.1
52 Week High1130.4
52 Week Low3.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume81.88K
Volume Incr-95.76%
Vol(5)86.26K
Vol(50)837.53K