AVANOS MEDICAL INC. - Daily - Technical analysis published on 10/01/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 37.42 USD
My targets
32.00 USD (-9.83%)
23.29 USD (-34.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AVANOS MEDICAL INC. as long as the price remains well below 37.42 USD. The next bearish objective for sellers is set at 32.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 23.29 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AVANOS MEDICAL INC. rating 35.49 USD. The price registered a decrease of -5.26% on the session and was between 35.46 USD and 37.88 USD. This implies that the price is at +0.08% from its lowest and at -6.31% from its highest.35.46
37.88
35.49
Here is a more detailed summary of the historical variations registered by AVANOS MEDICAL INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AVANOS MEDICAL INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 23.29 | 32.00 | 35.49 | 37.42 | 38.89 | 40.90 |
| Change (%) | -34.38% | -9.83% | - | +5.44% | +9.58% | +15.24% |
| Change | -12.20 | -3.49 | - | +1.93 | +3.40 | +5.41 |
| Level | Minor | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.41 | 36.92 | 37.19 | 37.69 | 37.96 | 38.47 | 38.74 |
| Camarilla | 37.25 | 37.32 | 37.39 | 37.46 | 37.53 | 37.60 | 37.67 |
| Woodie | 36.30 | 36.86 | 37.07 | 37.63 | 37.85 | 38.41 | 38.62 |
| Fibonacci | 36.92 | 37.21 | 37.40 | 37.69 | 37.99 | 38.17 | 38.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.43 | 35.22 | 36.33 | 37.12 | 38.23 | 39.02 | 40.13 |
| Camarilla | 36.93 | 37.10 | 37.28 | 37.45 | 37.62 | 37.80 | 37.97 |
| Woodie | 34.60 | 35.30 | 36.50 | 37.20 | 38.40 | 39.10 | 40.30 |
| Fibonacci | 35.22 | 35.94 | 36.39 | 37.12 | 37.84 | 38.29 | 39.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.81 | 29.60 | 33.53 | 36.32 | 40.25 | 43.04 | 46.97 |
| Camarilla | 35.61 | 36.23 | 36.84 | 37.46 | 38.08 | 38.69 | 39.31 |
| Woodie | 27.38 | 29.89 | 34.10 | 36.61 | 40.82 | 43.33 | 47.54 |
| Fibonacci | 29.60 | 32.17 | 33.75 | 36.32 | 38.89 | 40.47 | 43.04 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.02 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | -3.45 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 36.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.87 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 34.17 | |
| Zig ZAG (10): | 36.24 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 46.54 | |
| TEMA (21): | 37.62 | |
| Williams %R (14): | -82.89 | |
| Chande Momentum Oscillator (20): | -2.00 | |
| Repulse (5,40,3): | -5.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 7.09 |
| MA7: | 37.08 | |
| MA20: | 36.55 | |
| MA50: | 36.82 | |
| MA100: | 39.52 | |
| MAexp7: | 36.97 | |
| MAexp20: | 36.68 | |
| MAexp50: | 37.29 | |
| MAexp100: | 39.17 | |
| Price / MA7: | -4.29% | |
| Price / MA20: | -2.90% | |
| Price / MA50: | -3.61% | |
| Price / MA100: | -10.20% | |
| Price / MAexp7: | -4.00% | |
| Price / MAexp20: | -3.24% | |
| Price / MAexp50: | -4.83% | |
| Price / MAexp100: | -9.39% |
This member declared not having a position on this financial instrument or a related financial instrument.
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