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 AVTR
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Avantor, Inc. stock price ended at $25.58 on Wednesday, after gaining 0.788%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 4.84% PDF

The Avantor, Inc. stock price gained 0.788% on the last trading day (Wednesday, 27th Mar 2024), rising from $25.38 to $25.58. During the last trading day the stock fluctuated 1.99% from a day low at $25.12 to a day high of $25.62. The price has risen in 6 of the last 10 days and is up by 0.75% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 812 thousand more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $120.50 million.

The stock lies in the middle of a 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 20.22% during the next 3 months and, with a 90% probability hold a price between $29.23 and $31.60 at the end of this 3-month period.

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AVTR Signals & Forecast

The Avantor, Inc. 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 $25.61. On a fall, the stock will find some support from the long-term average at approximately $24.73. 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. Volume is rising along with the price. This is considered to be a good technical 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 Friday, March 22, 2024, and so far it has fallen -1.88%. 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).

Support, Risk & Stop-loss for Avantor, Inc. stock

Avantor, Inc. finds support from accumulated volume at $24.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.499 between high and low, or 1.99%. For the last week the stock has had daily average volatility of 2.34%.

Our recommended stop-loss: $24.39 (-4.64%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Avantor, Inc. to open at $25.44, and during the day (based on 14 day Average True Range), to move between $25.03 and $26.13, which gives a possible trading interval of +/-$0.552 (+/-2.16%) up or down from last closing price. If Avantor, Inc. takes out the full calculated possible swing range there will be an estimated 4.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.61 (0.12%) than the support at $24.40 (4.61%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Avantor, Inc. 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 Avantor, Inc. stock to perform well in the short-term.

Current score: 3.064 Buy Candidate Unchanged

Predicted Opening Price for Avantor, Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$25.44 ( 0.546%) $25.58

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

Trading levels for AVTR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.94 1.40 %
R2 25.75 0.659 %
R1 25.63 0.199 %
Current price: 25.58
Support S1 25.25 -1.29 %
S2 25.13 -1.75 %
S3 24.94 -2.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.78 0.782 %
R2 25.64 0.235 %
R1 25.61 0.117 %
Current price 25.58
Support S1 24.40 -4.61%
S2 24.05 -5.98%
S3 23.42 -8.44%

FAQ

What is the symbol for Avantor, Inc. Stock and on which exchange is it traded?
The symbol for Avantor, Inc. is AVTR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Avantor, Inc. 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 Avantor, Inc. stock to perform well in the short-term.

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

What's the current price of Avantor, Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Avantor, Inc. (AVTR) share was $25.58.

What is the 52-week high and low for Avantor, Inc. Stock?
The 52-week high for Avantor, Inc. Stock is $26.16 and the 52-week low is $16.63.

What is the market capitalization of Avantor, Inc. Stock?
As of the 2024-03-27, the market capitalization of Avantor, Inc. is 17.215B.

When is the next earnings date for Avantor, Inc.?
The upcoming earnings date for Avantor, Inc. is Apr 26, 2024.
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About Avantor, Inc.

Avantor. Avantor, Inc. provides products and services to customers in biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography r... AVTR Profile

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