ANAVEX LIFE SCIENCES CORP (AVXL) Stock Technical Analysis
NASDAQ:AVXL - Nasdaq - US0327973006 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to AVXL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVXL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AVXL is one of the better performing stocks in the market, outperforming 96% of all stocks.
AVXL is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 555 stocks in the same industry.
In the last month AVXL has a been trading in the 7.66 - 10.76 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AVXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVXL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AVXL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.38
10.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.56 to 10.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.21 from a horizontal line in the daily time frame.
- Support @7.73 from a trend line in the daily time frame.
- Support @7.45 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 | UP | POSITIVE | The long term trend for AVXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVXL is up. |
| ChartMill Relative Strength | 96.12 | POSITIVE | AVXL has a high relative strength, it outperformed 96.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74 | OVERBOUGHT | The high RSI value suggests AVXL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AVXL has a positive trend. |
| Stochastics (14,3) | 79.08 | NEUTRAL | The Stochastics value for AVXL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for AVXL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for AVXL suggests a strong trend. |
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)
NASDAQ:AVXL (7/3/2025, 10:21:52 AM)
10.6
+0.03 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.28%
1 Week12.33%
2 Weeks18.5%
1 Month34.82%
3 Month29.06%
6 Month-14.41%
12 Month152.27%
2 Year28.12%
3 Year3.02%
5 Year150.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%4.48%
ATR Inc142.07%
Range Today0.49
ADR(20)0.47
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.12
Mansfield2.3
10 Day High10.76
10 Day Low8.81
20 Day High10.76
20 Day Low7.66
52 Week High14.44
52 Week Low4.24
CS1 End8.63
CR1 Start9.49
Volume & EV
DER(3)2.38%
DER(5)2.1%
Volume342.26K
Volume Incr60.2%
Vol(5)1.35M
Vol(50)894.41K