Avenue Financal Technical Analysis (NASDAQ:AVNU)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Avenue Financal stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the AVNU stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Avenue Financal. Technical analysis uses an approach for Avenue Financal stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Avenue Financal Moving Average:
Moving averages show the AVNU stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $26.28 is above the price of $19.65.
Avenue Financal Bollinger Bands:
Bollinger bands comprise of a center line usually AVNU SMA, and two AVNU stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Avenue Financal bollinger bands show that the stock price is $19.65, upper band is 30.49, lower band is 26.23, and the average is 28.36.
Avenue Financal Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Avenue Financal MACD indicator is below 0 indicating a bearish trend.
Avenue Financal Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of AVNU stock is 28.71. .