AVANTIS EMERGING MARKETS VAL (AVES) Stock Technical Analysis
NYSEARCA:AVES - NYSE Arca - US0250723725 - ETF - Currency: USD
Overall AVES gets a technical rating of 4 out of 10. AVES has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
AVES has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
43.51
2 important support areas can be observed.
- A support zone ranging from 45.92 to 47.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.95 to 44.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.64 to 47.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @50.10 from a horizontal line in the daily time frame.
NYSEARCA:AVES (4/28/2025, 4:15:01 PM)
47.42
+0.15 (+0.32%)