AVNET INC (AVT) Stock Technical Analysis
NASDAQ:AVT - Nasdaq - US0538071038 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to AVT. AVT 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AVT outperforms 58% of them, which is more or less in line with the market.
AVT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, AVT did better than 52% of them.
AVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVT is lagging the market.
In the last month AVT has a been trading in the 49.25 - 54.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AVT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 52.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.34, a Stop Loss order could be placed below this zone.
More info and screens
45.11
58.28
We found 2 important support areas.
- A support zone ranging from 49.74 to 51.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 52.37 to 53.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.95 to 56.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.70 from a horizontal 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
CRS58.36
Mansfield-0.76
10 Day High53.01
10 Day Low49.25
20 Day High54.38
20 Day Low49.25
52 Week High59.24
52 Week Low45.45
Performance
1 Week2.63%
2 Weeks2.71%
1 Month-4.41%
3 Month-4.78%
6 Month-6.24%
12 Month11.89%
2 Year15.97%
3 Year23.25%
5 Year69%
10 Year13.18%
15 Year87.79%
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)0.27
RSI(14)50.97
LBB48.73
UBB52.86
51.85
-0.66 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.26%
1 Week2.63%
2 Weeks2.71%
1 Month-4.41%
3 Month-4.78%
6 Month-6.24%
12 Month11.89%
2 Year15.97%
3 Year23.25%
5 Year69%
10 Year13.18%
15 Year87.79%
Volatility
ATR(14)1.02
ATR(20)%2.3%
ATR Inc15.35%
Range Today1.57
ADR(20)1.12
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.36
Mansfield-0.76
10 Day High53.01
10 Day Low49.25
20 Day High54.38
20 Day Low49.25
52 Week High59.24
52 Week Low45.45
CS1 End51.34
CR1 Start52.37
Volume & EV
DER(3)-0.58%
DER(5)0.22%
Volume618.50K
Volume Incr-12.43%
Vol(5)657.92K
Vol(50)811.54K