Taking everything into account, AVNW scores 1 out of 10 in our technical rating. AVNW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AVNW has a bad technical rating, but it does show 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 22.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.19, a Stop Loss order could be placed below this zone.
More info and screens
20.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.60 to 21.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.26 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 22.11 to 22.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.93 from a trend line in the weekly time frame.
- Resistance @24.82 from a horizontal line in the weekly time frame.
- Resistance @25.57 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AVNW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVNW is neutral. |
| ChartMill Relative Strength | 55.3 | NEUTRAL | AVNW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVNW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AVNW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.52 | NEUTRAL | The RSI value for AVNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AVNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.94 | NEUTRAL | The Stochastics value for AVNW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for AVNW suggests some volalility. |
| Average Directional Index/ADX (14) | 9.89 | NEGATIVE | The low ADX value for AVNW suggests a weak or negative trend. |
21.27
-0.71 (-3.23%)
AVIAT NETWORKS INC / AVNW FAQ
Can you provide the ChartMill technical rating for AVIAT NETWORKS INC?
ChartMill assigns a technical rating of 1 / 10 to AVNW.
What is the current trend direction of AVIAT NETWORKS INC (AVNW) stock?
The current trend direction for AVIAT NETWORKS INC (AVNW) is Bearish.
What is the RSI signal for AVIAT NETWORKS INC (AVNW) stock?
AVIAT NETWORKS INC (AVNW) has an RSI value of 45.5218. This indicates that the stock is currently neutral.
What is the short term momentum for AVIAT NETWORKS INC (AVNW) stock?
The short term momentum for AVIAT NETWORKS INC (AVNW) is neutral.