Overall AVXL gets a technical rating of 1 out of 10. AVXL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AVXL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.62
We found 1 important support area.
- Support @3.66 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @6.36 from a trend line in the daily time frame.
- Resistance @7.36 from a trend line in the weekly 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 AVXL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVXL is down. |
| ChartMill Relative Strength | 3 | NEGATIVE | AVXL has a low relative strength, it was outperformed by 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVXL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVXL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.47 | NEUTRAL | The RSI value for AVXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AVXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.13 | OVERSOLD | The low Stochastics value suggests AVXL may be oversold. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for AVXL suggests high volalility. |
| Average Directional Index/ADX (14) | 36.01 | POSITIVE | The high ADX value value for AVXL suggests a strong trend. |
3.72
-0.01 (-0.27%)
ANAVEX LIFE SCIENCES CORP / AVXL FAQ
Can you provide the ChartMill technical rating for ANAVEX LIFE SCIENCES CORP?
ChartMill assigns a technical rating of 1 / 10 to AVXL.
What is the current trend direction of ANAVEX LIFE SCIENCES CORP (AVXL) stock?
The current trend direction for ANAVEX LIFE SCIENCES CORP (AVXL) is Bearish.
What is the RSI signal for AVXL stock?
ANAVEX LIFE SCIENCES CORP (AVXL) has an RSI value of 34.4747. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANAVEX LIFE SCIENCES CORP?
The short term momentum for ANAVEX LIFE SCIENCES CORP (AVXL) is negative.
Can you provide the buy/sell signal for ANAVEX LIFE SCIENCES CORP?
The buy/sell signal for ANAVEX LIFE SCIENCES CORP (AVXL) is sell as both the short term and long term trends are negative.