RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AVAV
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AeroVironment stock price ended at $149.28 on Wednesday, after losing 0.98%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 17.68% PDF

The AeroVironment stock price fell by -0.98% on the last day (Wednesday, 27th Mar 2024) from $150.76 to $149.28. During the last trading day the stock fluctuated 3.03% from a day low at $147.56 to a day high of $152.03. The price has fallen in 6 of the last 10 days and is down by -7.4% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -32 thousand shares and in total, 248 thousand shares were bought and sold for approximately $37.05 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 25.67% during the next 3 months and, with a 90% probability hold a price between $171.38 and $241.14 at the end of this 3-month period.

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AVAV Signals & Forecast

The AeroVironment stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $149.37. On a fall, the stock will find some support from the long-term average at approximately $140.90. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -18.09%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for AeroVironment stock

AeroVironment finds support from accumulated volume at $148.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.47 between high and low, or 3.03%. For the last week, the stock has had daily average volatility of 2.54%.

AeroVironment is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $139.74 (-6.39%) (This stock has high daily movements and this gives high risk. Low RSI14 is 21 which reduces the risk some. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (AVAV) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AeroVironment to open at $149.62, and during the day (based on 14 day Average True Range), to move between $142.94 and $155.62, which gives a possible trading interval of +/-$6.34 (+/-4.25%) up or down from last closing price. If AeroVironment takes out the full calculated possible swing range there will be an estimated 8.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $148.60 (0.46%) than the resistance at $166.23 (11.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AeroVironment stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AeroVironment stock to perform well in the short-term.

Current score: 1.686 Buy Candidate Unchanged

Predicted Opening Price for AeroVironment of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$149.62 ( 0.230%) $149.28

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AVAV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 154.09 3.22 %
R2 152.39 2.08 %
R1 151.33 1.37 %
Current price: 149.28
Support S1 147.92 -0.91 %
S2 146.86 -1.62 %
S3 145.15 -2.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 182.25 22.09 %
R2 167.15 11.97 %
R1 166.23 11.35 %
Current price 149.28
Support S1 148.60 -0.456%
S2 144.36 -3.30%
S3 130.65 -12.48%

FAQ

What is the symbol for AeroVironment Stock and on which exchange is it traded?
The symbol for AeroVironment is AVAV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AeroVironment Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AeroVironment stock to perform well in the short-term.

How to buy AeroVironment Stock?
AeroVironment Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AeroVironment Stock.

What's the current price of AeroVironment Stock?
As of the end of day on the 2024-03-27, the price of an AeroVironment (AVAV) share was $149.28.

What is the 52-week high and low for AeroVironment Stock?
The 52-week high for AeroVironment Stock is $184.61 and the 52-week low is $88.24.

What is the market capitalization of AeroVironment Stock?
As of the 2024-03-27, the market capitalization of AeroVironment is 4.242B.

When is the next earnings date for AeroVironment?
The upcoming earnings date for AeroVironment is Jun 25, 2024.
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About AeroVironment

AeroVironment AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through four segments: Unmanned Aircraft Systems (UAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS). The company supplies UAS, TMS, unmanned ground vehicle... AVAV Profile

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