AVINGER INC (AVGR)

US0537348775 - Common Stock

0.5195  +0.01 (+2.4%)

Technical Rating and Analysis

0

Overall AVGR gets a technical rating of 0 out of 10. AVGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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, AVGR is a bad performer in the overall market: 98% of all stocks are doing better.
AVGR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 87% are performing better than AVGR.
AVGR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AVGR has a been trading in the 0.39 - 0.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
AVGR Weekly chart
AVGR Daily chart
Setup Rating and Analysis

3

The technical rating of AVGR is bad and it also does not present a 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.

Support and Resistance Analysis

0.51

0.86

We can see 3 important resistance areas.

  • Resistance @0.78 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.35
Mansfield-7.88
10 Day High0.85
10 Day Low0.39
20 Day High0.85
20 Day Low0.39
52 Week High5.45
52 Week Low0.39
Performance
1 Week-38.14%
2 Weeks-37.38%
1 Month-34.96%
3 Month-46.89%
6 Month-74.12%
12 Month-81.55%
2 Year-96.88%
3 Year-99.62%
5 Year-99.85%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)23.56
LBB0.5
UBB1
AVGR Daily chart

AVINGER INC

NASDAQ:AVGR (12/18/2024, 3:24:47 PM)

0.5195

+0.01 (+2.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.4%
1 Week-38.14%
2 Weeks-37.38%
1 Month-34.96%
3 Month-46.89%
6 Month-74.12%
12 Month-81.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%15.47%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.85
10 Day Low0.39
20 Day High0.85
20 Day Low0.39
52 Week High5.45
52 Week Low0.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume149.71K
Volume Incr2609.71%
Vol(5)676.50K
Vol(50)119.25K