AVN.L Forecast and Technical Stock Analysis
Sell candidate since 2019-07-08 Loss -80.11% PDF
Avanti Communications Group Plc gained 6.06% in the last trading day ( Friday, 13th Sep 2019 ), rising from £0.00 to £0.00 During the day the stock fluctuated 33.33% from a day low at £0.00 to a day high of £0.00. The price has been going up and down for this period, and there has been a -18.6% loss for the last 2 weeks. Volume fell in the last day by -4.17 million shares and in total, 1.04 million shares bought and sold for approximately £3 625.30. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the AVN.L stock price was £0.02 and low was £0.00.
- 90 day high was £0.02 and low was £0.00.
- 52 week high for Avanti Communications Group Plc - £3.02 and low - £0.00.
Avanti Communications Group Plc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -73.98% during the next 3 months and, with 90% probability hold a price between £0.00 and £0.00 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday September 12, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Avanti Communications Group Plc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at £0.01. On a fall, the stock will find some support from the short-term average at £0.00. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 41 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at £0.00.
With no support from accumulated volume below today's level the risk is increased, as a drop below the support at £0.00 may give a huge drop in the stock price.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 33.33%. For the last week the stock has had a daily average volatility of 39.62%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
39.62 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!