AVID TECHNOLOGY INC (AVID) Stock Technical Analysis
NASDAQ:AVID - Nasdaq - US05367P1003 - Common Stock - Currency: USD
Overall AVID gets a technical rating of 7 out of 10. Although AVID is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AVID is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 67% are performing better than AVID.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, AVID outperforms 53% of them, which is more or less in line with the market.
AVID is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVID is lagging the market.
In the last month AVID has a been trading in a tight range between 26.85 and 27.05.
AVID has an excellent technical rating and also presents 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 27.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.00, a Stop Loss order could be placed below this zone.
More info and screens
22.85
31.10
2 important support areas can be observed.
- A support zone ranging from 26.75 to 27.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.08 to 23.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.05 to 27.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.79 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.32
Mansfield-0.49
10 Day High27.05
10 Day Low26.96
20 Day High27.05
20 Day Low26.85
52 Week High33.41
52 Week Low19.78
Performance
1 Week0.15%
2 Weeks0.22%
1 Month0.63%
3 Month1.43%
6 Month33.01%
12 Month-2.28%
2 Year-15.66%
3 Year122.55%
5 Year319.88%
10 Year290.19%
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
RSI(14)68.35
LBB26.91
UBB27.06
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 |
|---|---|---|---|
| 27.06 | 26.95 | 0.11 (0.41%) | 25.00% |
| An entry @27.06. This is a Buy Stop order right above the 10 day high. | An exit @26.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- 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.
27.04
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0%
1 Week0.15%
2 Weeks0.22%
1 Month0.63%
3 Month1.43%
6 Month33.01%
12 Month-2.28%
2 Year-15.66%
3 Year122.55%
5 Year319.88%
10 Year290.19%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.16%
ATR Inc-18.33%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.32
Mansfield-0.49
10 Day High27.05
10 Day Low26.96
20 Day High27.05
20 Day Low26.85
52 Week High33.41
52 Week Low19.78
CS1 End27
CR1 Start27.05
Volume & EV
DER(3)-3.96%
DER(5)-1.98%
Volume628.90K
Volume Incr-1.88%
Vol(5)591.86K
Vol(50)515.69K