ADVENT CONVERT & INCOME (AVK) Stock Technical Analysis
NYSE:AVK - New York Stock Exchange, Inc. - US00764C1099 - Currency: USD
Taking everything into account, AVK scores 0 out of 10 in our technical rating. AVK'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.
Although the technical rating is bad, AVK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AVK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.38
2 important support areas can be observed.
- A support zone ranging from 10.83 to 10.89. 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 10.48 to 10.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.39 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.10 to 12.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSE:AVK (4/25/2025, 8:04:00 PM)
11.09
+0.14 (+1.28%)