AVALO THERAPEUTICS INC (AVTX) Technical Analysis
NASDAQ:AVTX • US05338F3064
Current stock price
AVTX Technical Rating and Analysis
Overall AVTX gets a technical rating of 5 out of 10. Although AVTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month AVTX has a been trading in the 13.15 - 18.47 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that AVTX is one of the better performing stocks in the market, outperforming 95% of all stocks.
- AVTX is part of the Biotechnology industry. There are 516 other stocks in this industry. AVTX outperforms 85% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
AVTX Weekly and Daily overview Charts
AVTX Setup Rating and Analysis
Although the technical rating is only medium, AVTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.54, a Stop Loss order could be placed below this zone.
More info and screens
AVTX Support and Resistance Analysis
13.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.41 to 13.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.14 to 13.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.51 to 14.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.12 from a trend line in the daily time frame.
- Resistance @17.55 from a trend line in the weekly time frame.
- Resistance @18.15 from a trend line in the daily time frame.
AVTX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AVTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVTX is down. |
| ChartMill Relative Strength | 95.74 | POSITIVE | AVTX has a high relative strength, it outperformed 95.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for AVTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AVTX has a positive trend. |
| Stochastics (14,3) | 25.06 | NEUTRAL | The Stochastics value for AVTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for AVTX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for AVTX suggests a weak or negative trend. |
AVTX Chart- and CandleStick Pattern Analysis
AVTX Technicals: Chart, Performance Metrics, Trend & Indicators
14.5
+0.21 (+1.47%)
AVALO THERAPEUTICS INC / AVTX TA FAQ
Can you provide the ChartMill technical rating for AVALO THERAPEUTICS INC?
ChartMill assigns a technical rating of 5 / 10 to AVTX.
What is the current trend direction of AVALO THERAPEUTICS INC (AVTX) stock?
The current trend direction for AVALO THERAPEUTICS INC (AVTX) is Bearish.
Can you provide the RSI signal for AVALO THERAPEUTICS INC?
AVALO THERAPEUTICS INC (AVTX) has an RSI value of 48.1067. This indicates that the stock is currently neutral.
What is the short term momentum for AVALO THERAPEUTICS INC (AVTX) stock?
The short term momentum for AVALO THERAPEUTICS INC (AVTX) is negative.