ANAVEX LIFE SCIENCES CORP (AVXL) Stock Technical Analysis
NASDAQ:AVXL - US0327973006 - Common Stock
9.64 USD
+0.42 (+4.56%)
9.67 USD
+0.03 (+0.31%)
Taking everything into account, AVXL scores 5 out of 10 in our technical rating. AVXL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month AVXL has a been trading in the 9.15 - 11.70 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that AVXL is one of the better performing stocks in the market, outperforming 90% of all stocks.
AVXL is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 545 stocks in the same industry.
AVXL has an average volume of 1074940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
AVXL has an average technical rating and it also does not offer a high quality setup 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
7.38
13.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.50 to 9.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.21 from a horizontal line in the daily time frame.
- Support @7.45 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.65 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.35 from a horizontal line in the weekly time frame.
- Resistance @13.46 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 | NEUTRAL | NEUTRAL | The long term trend for AVXL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVXL is down. |
| ChartMill Relative Strength | 90.8 | POSITIVE | AVXL has a high relative strength, it outperformed 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVXL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVXL is below 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) | 42.84 | NEUTRAL | The RSI value for AVXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AVXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.86 | OVERSOLD | The low Stochastics value suggests AVXL may be oversold. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for AVXL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for AVXL suggests a weak or negative 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)
9.64
+0.42 (+4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.56%
1 Week1.15%
2 Weeks-3.07%
1 Month-13.93%
3 Month28.02%
6 Month21.87%
12 Month60.13%
2 Year22.03%
3 Year0.52%
5 Year127.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%5.5%
ATR Inc-8.41%
Range Today0.59
ADR(20)0.53
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.8
Mansfield0.14
10 Day High10.03
10 Day Low9.15
20 Day High11.7
20 Day Low9.15
52 Week High14.44
52 Week Low4.93
CS1 End9.52
CR1 Start9.65
Volume & EV
DER(3)3.05%
DER(5)1.58%
Volume882.90K
Volume Incr-17.08%
Vol(5)820.42K
Vol(50)1.07M