AVAX ONE TECHNOLOGY LTD (AVX) Stock Technical Analysis
NASDAQ:AVX • CA05353F1080
We assign a technical rating of 0 out of 10 to AVX. AVX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than AVX.
- AVX is part of the Food Products industry. There are 88 other stocks in this industry, of which 95% are performing better than AVX.
- In the last month AVX has a been trading in the 0.60 - 2.26 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
AVX has a poor technical rating and the quality of the setup is also only medium 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
0.61
We found 1 important support area.
- Support @0.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.74 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 AVX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.81 | NEUTRAL | The RSI value for AVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.6 | OVERSOLD | The low Stochastics value suggests AVX may be oversold. |
| Average True Range in percent/ATR (20) | 31.84 | HIGH VOLATILITY | The high ATR as a percentage value for AVX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.65 | POSITIVE | The high ADX value value for AVX suggests a strong trend. |
0.6925
+0.07 (+10.45%)
AVAX ONE TECHNOLOGY LTD / AVX FAQ
Can you provide the ChartMill technical rating for AVAX ONE TECHNOLOGY LTD?
ChartMill assigns a technical rating of 0 / 10 to AVX.
What is the trend direction for AVX stock?
The current trend direction for AVAX ONE TECHNOLOGY LTD (AVX) is Bearish.
What is the RSI signal for AVX stock?
AVAX ONE TECHNOLOGY LTD (AVX) has an RSI value of 34.8056. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AVAX ONE TECHNOLOGY LTD?
The buy/sell signal for AVAX ONE TECHNOLOGY LTD (AVX) is sell as both the short term and long term trends are negative.
What is the support and resistance level for AVX stock?
AVAX ONE TECHNOLOGY LTD (AVX) has a support level at 0.62 and a resistance level at 0.74. Check the full technical report for our detailed analysis of AVX support and resistance levels.