DFNCE DLY TGT 2X LG AVAV ETF (AVXX) Technical Analysis
NASDAQ:AVXX • US88636W1146
Current stock price
AVXX Technical Rating and Analysis
Overall AVXX gets a technical rating of 0 out of 10. AVXX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AVXX is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month AVXX has a been trading in the 9.39 - 14.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
AVXX Weekly and Daily overview Charts
AVXX Setup Rating and Analysis
Although the technical rating is bad, AVXX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
AVXX Support and Resistance Analysis
9.63
When analyzing the support we notice one important area.
- Support @9.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @28.10 from a horizontal line in the daily time frame.
AVXX Technical Indicator Signal Analysis
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 AVXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVXX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVXX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AVXX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVXX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for AVXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests AVXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.73 | NEUTRAL | The Stochastics value for AVXX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.42 | HIGH VOLATILITY | The high ATR as a percentage value for AVXX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.27 | NEGATIVE | The low ADX value for AVXX suggests a weak or negative trend. |
AVXX Chart- and CandleStick Pattern Analysis
AVXX Technicals: Chart, Performance Metrics, Trend & Indicators
11.61
-0.74 (-5.99%)
DFNCE DLY TGT 2X LG AVAV ETF / AVXX TA FAQ
What is the ChartMill technical rating of DFNCE DLY TGT 2X LG AVAV ETF (AVXX) stock?
ChartMill assigns a technical rating of 0 / 10 to AVXX.
What is the current trend direction of DFNCE DLY TGT 2X LG AVAV ETF (AVXX) stock?
The current trend direction for DFNCE DLY TGT 2X LG AVAV ETF (AVXX) is Bearish.
What is the RSI signal for AVXX stock?
DFNCE DLY TGT 2X LG AVAV ETF (AVXX) has an RSI value of 44.202. This indicates that the stock is currently neutral.
What is the MACD signal for DFNCE DLY TGT 2X LG AVAV ETF (AVXX) stock?
The MACD indicator for DFNCE DLY TGT 2X LG AVAV ETF (AVXX) has a value of 0.521886, indicating a bearish trend.
What is the buy/sell signal for AVXX stock?
The buy/sell signal for DFNCE DLY TGT 2X LG AVAV ETF (AVXX) is sell as both the short term and long term trends are negative.