Avnet Technical Analysis (NYSE:AVT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Avnet stock price data and volume are plotted in AVT stock charts and these trading charts form the basis of technical analysis.
See Avnet bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Avnet stock analysis that does not care for the fair value of a company but uses price and volume data only.
Avnet Moving Average
Moving averages show the AVT stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $43.25 is below the last closing price of $44.71 and the 50 day moving average of $42.37 is below the last closing price of $44.71. The 10 and 20 day periods can predict short term moving average trends.
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. Avnet bollinger bands show that the stock price is $44.71, upper band is 44.92, lower band is 41.59, and the average is 43.25.
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 can be used to identify bullish and bearish trends for the stock.
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. If the RSI of AVT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.