AVIENT CORP (AVNT) Stock Technical Analysis
NYSE:AVNT - New York Stock Exchange, Inc. - US05368V1061 - Common Stock - Currency: USD
Taking everything into account, AVNT scores 1 out of 10 in our technical rating. AVNT'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AVNT is a bad performer in the overall market: 69% of all stocks are doing better.
AVNT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AVNT has a been trading in the 39.86 - 44.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AVNT is part of the Chemicals industry. There are 85 other stocks in this industry, AVNT did better than 55% of them.
AVNT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
37.77
44.66
We found 3 important support areas.
- Support @40.54 from a trend line in the daily time frame.
- Support @39.05 from a trend line in the weekly time frame.
- A support zone ranging from 38.15 to 38.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.91 to 44.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.82
Mansfield-0.96
10 Day High44.35
10 Day Low39.86
20 Day High44.78
20 Day Low39.86
52 Week High54.68
52 Week Low37.63
Performance
1 Week-2.27%
2 Weeks-3.69%
1 Month-1.92%
3 Month-16.17%
6 Month-7.4%
12 Month1.11%
2 Year1.55%
3 Year-12.92%
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)-0.12
RSI(14)45.98
LBB40.56
UBB44.82
41.8
-0.8 (-1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.88%
1 Week-2.27%
2 Weeks-3.69%
1 Month-1.92%
3 Month-16.17%
6 Month-7.4%
12 Month1.11%
2 Year1.55%
3 Year-12.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%3.15%
ATR Inc26.15%
Range Today2.2
ADR(20)1.25
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.82
Mansfield-0.96
10 Day High44.35
10 Day Low39.86
20 Day High44.78
20 Day Low39.86
52 Week High54.68
52 Week Low37.63
CS1 End40.54
CR1 Start41.91
Volume & EV
DER(3)-0.16%
DER(5)-1.35%
Volume1.13M
Volume Incr19.74%
Vol(5)769.70K
Vol(50)587.12K