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Is AVNS primed for downward momentum? Fell Below 20 Day Moving Average shows up after slipping 3.1%
AVNS closed down 3.1% on Tuesday, September 16th, with volume running 0.9× below average. Multiple bearish signals emerged — Fell Below 20 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 11.73, 11.56 & 11.3, with resistance at 12.16, 12.42 & 12.59.
Current SwingTradeBot Technical Rating of AVNS: D
There’s more where that came from. See all of today’s signals for AVNS here.
Read full article here »