AVISTA CORP (AVA) Stock Technical Analysis
NYSE:AVA - New York Stock Exchange, Inc. - US05379B1070 - Common Stock - Currency: USD
Overall AVA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVA is showing a nice and steady performance.
AVA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 41.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.13, a Stop Loss order could be placed below this zone.
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36.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.63 to 41.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 38.82 to 39.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.47 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.85 to 42.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 42.45 | 40.62 | 1.83 (4.31%) | 23.20% |
| An entry @42.45. This is a Buy Stop order right above the resistance zone. | An exit @40.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.83 points, which is 4.31%. | For a 1.00% total portfolio risk, you can invest 23.20% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:AVA (4/24/2025, 1:39:59 PM)
41.44
-0.07 (-0.17%)