AVALO THERAPEUTICS INC (AVTX) Stock Technical Analysis
NASDAQ:AVTX - Nasdaq - US05338F3064 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AVTX. Although AVTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
AVTX 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
AVTX is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 572 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that AVTX is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month AVTX has a been trading in the 6.81 - 8.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AVTX is bad and it also does not present a quality setup 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
6.92
10.40
When analyzing the support we notice one important area.
- Support @6.99 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.45 to 8.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.30 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.92
Mansfield-2.49
10 Day High8.65
10 Day Low6.81
20 Day High8.8
20 Day Low6.81
52 Week High34.46
52 Week Low4.24
Performance
1 Week9.18%
2 Weeks3.05%
1 Month11.35%
3 Month-16.68%
6 Month-8.26%
12 Month97.2%
2 Year-98.6%
3 Year-99.6%
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)0.03
RSI(14)57.77
LBB6.85
UBB8.71
NASDAQ:AVTX (2/21/2025, 8:02:25 PM)
8.44
+1.28 (+17.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg17.88%
1 Week9.18%
2 Weeks3.05%
1 Month11.35%
3 Month-16.68%
6 Month-8.26%
12 Month97.2%
2 Year-98.6%
3 Year-99.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%8.03%
ATR Inc78.38%
Range Today1.28
ADR(20)0.67
ADR(20)%7.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.92
Mansfield-2.49
10 Day High8.65
10 Day Low6.81
20 Day High8.8
20 Day Low6.81
52 Week High34.46
52 Week Low4.24
CS1 End6.99
CR1 Start8.45
Volume & EV
DER(3)6.76%
DER(5)2.74%
Volume47.90K
Volume Incr-36.36%
Vol(5)35.48K
Vol(50)93.62K