AVANT BRANDS INC (AVNT.CA) Stock Technical Analysis
TSX:AVNT - Toronto Stock Exchange - CA05353D2023 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to AVNT. AVNT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
AVNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: AVNT has an average volume of 15282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
AVNT is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 87% of 34 stocks in the same industry.
In the last month AVNT has a been trading in the 1.08 - 1.42 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, AVNT did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVNT has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
1.18
1.36
When analyzing the support we can see 2 important areas.
- Support @1.24 from a trend line in the daily time frame.
- Support @1.19 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.29
Mansfield-2.36
10 Day High1.42
10 Day Low1.15
20 Day High1.42
20 Day Low1.08
52 Week High3.75
52 Week Low0.46
Performance
1 Week17.39%
2 Weeks10.66%
1 Month18.42%
3 Month154.72%
6 Month-18.18%
12 Month-59.09%
2 Year-80.43%
3 Year-82.69%
5 YearN/A
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
RSI(14)63.3
LBB1.07
UBB1.42
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 |
|---|---|---|---|
| 1.43 | 1.23 | 0.20 (13.99%) | 7.15% |
| An entry @1.43. This is a Buy Stop order right above the 10 day high. | An exit @1.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 13.99%. | When investing 7.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:AVNT (2/21/2025, 7:00:00 PM)
1.35
-0.07 (-4.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.93%
1 Week17.39%
2 Weeks10.66%
1 Month18.42%
3 Month154.72%
6 Month-18.18%
12 Month-59.09%
2 Year-80.43%
3 Year-82.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.93%
ATR Inc-38.4%
Range Today0.07
ADR(20)0.07
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.29
Mansfield-2.36
10 Day High1.42
10 Day Low1.15
20 Day High1.42
20 Day Low1.08
52 Week High3.75
52 Week Low0.46
CS1 End1.24
CR1 StartN/A
Volume & EV
DER(3)6.86%
DER(5)-4.95%
Volume8.90K
Volume Incr54.46%
Vol(5)19.54K
Vol(50)15.28K