Avnet Technical Analysis (NASDAQ:AVT)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Avnet stock price data and volume are plotted in AVT stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Avnet. The technical analysis form of Avnet stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Avnet Moving Average
Moving averages help predict the price direction of AVT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $44.17 is above the price of $40.47.
Avnet Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AVT stock. The stock price is trading between the average and the lower band in the context of Avnet bollinger bands.
Avnet Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Avnet MACD indicator is above 0 indicating a bullish trend.
Avnet Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 14.93 is the RSI value of AVT stock.