Avx Corp (AVX) Stock Technical Analysis
NYSE:AVX - New York Stock Exchange, Inc. -
We assign a technical rating of 8 out of 10 to AVX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
AVX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AVX has a been trading in the 20.27 - 21.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
AVX has an average volume of 1163960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AVX did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
AVX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.67. Right above this resistance zone may be a good entry point.
More info and screens
16.49
22.08
2 important support areas can be observed.
- A support zone ranging from 20.27 to 20.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.67 to 21.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 AVX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVX is up. |
| ChartMill Relative Strength | 95.77 | POSITIVE | AVX has a high relative strength, it outperformed 95.77% 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) | UP | POSITIVE | The current price of AVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.15 | NEUTRAL | The RSI value for AVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AVX has a negative trend. |
| Stochastics (14,3) | 93.66 | OVERBOUGHT | The high Stochastics value suggests AVX may be overbought. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for AVX suggests low volalility. |
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)
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 |
|---|---|---|---|
| 21.87 | 20.26 | 1.61 (7.36%) | 13.58% |
| An entry @21.87. This is a Buy Stop order right above the resistance zone. | An exit @20.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.61 points, which is 7.36%. | When investing 13.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
21.66
-0.06 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week0.42%
2 Weeks-0.18%
1 Month-0.37%
3 Month6.59%
6 Month41.38%
12 Month24.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.07%
ATR Inc-71.46%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.77
Mansfield4.61
10 Day High21.75
10 Day Low20.27
20 Day High21.83
20 Day Low20.27
52 Week High21.89
52 Week Low13.03
CS1 End20.29
CR1 Start21.67
Volume & EV
DER(3)1.08%
DER(5)0.57%
Volume2.44M
Volume Incr-3.61%
Vol(5)1.83M
Vol(50)1.16M