ANAVEX LIFE SCIENCES CORP (AVXL) Stock Technical Analysis
NASDAQ:AVXL - Nasdaq - US0327973006 - Common Stock - Currency: USD
Taking everything into account, AVXL scores 5 out of 10 in our technical rating. In the last year, AVXL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
AVXL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, AVXL did better than 90% of all other stocks.
AVXL is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 572 stocks in the same industry.
AVXL has an average volume of 1777660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
AVXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVXL is lagging the market.
Considerably lower volume is observed in the last couple of days.
AVXL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.34, a Stop Loss order could be placed below this zone.
More info and screens
6.49
8.82
We found 2 important support areas.
- A support zone ranging from 8.28 to 8.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.56 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @8.39 from a trend line in the daily time frame.
- Resistance @8.73 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
CRS90.38
Mansfield2.35
10 Day High9.2
10 Day Low7.91
20 Day High10.8
20 Day Low7.91
52 Week High14.44
52 Week Low3.25
Performance
1 Week-1.42%
2 Weeks-3.91%
1 Month-18.14%
3 Month-8.34%
6 Month32.12%
12 Month69.72%
2 Year-12.29%
3 Year-23.81%
5 Year119.16%
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)-0.01
RSI(14)40.39
LBB8.27
UBB9
8.35
-0.33 (-3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.8%
1 Week-1.42%
2 Weeks-3.91%
1 Month-18.14%
3 Month-8.34%
6 Month32.12%
12 Month69.72%
2 Year-12.29%
3 Year-23.81%
5 Year119.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%6.72%
ATR Inc-20.74%
Range Today0.59
ADR(20)0.53
ADR(20)%6.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.38
Mansfield2.35
10 Day High9.2
10 Day Low7.91
20 Day High10.8
20 Day Low7.91
52 Week High14.44
52 Week Low3.25
CS1 End8.34
CR1 Start8.39
Volume & EV
DER(3)-1.91%
DER(5)-2.99%
Volume1.14M
Volume Incr-25.35%
Vol(5)918.56K
Vol(50)1.78M