NYSE:AVX - New York Stock Exchange, Inc. -
Overall AVX gets a technical rating of 8 out of 10. Both in the recent history as in the last year, AVX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, AVX 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.
16.49
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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%. |
21.66
-0.06 (-0.28%)