AEROVIRONMENT INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AVAV
ISIN:

AEROVIRONMENT INC. - Daily - Technical analysis published on 01/06/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 66.83 USD

My targets

68.96 USD (+1.56%)

70.85 USD (+4.34%)

My analysis

AEROVIRONMENT INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 66.83 USD. The next resistance located at 68.96 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 70.85 USD. After this resistance, buyers could then target 83.95 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AEROVIRONMENT INC. rating is 67.90 USD. The price has increased by +0.88% since the last closing with the lowest point at 67.60 USD and the highest point at 71.60 USD. The deviation from the price is +0.44% for the low point and -5.17% for the high point.

67.60

71.60

67.90

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of AEROVIRONMENT INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	55.07	64.82	66.83	67.90	68.96	70.85	83.95
Change (%)	-18.90%	-4.54%	-1.58%	-	+1.56%	+4.34%	+23.64%
Change	-12.83	-3.08	-1.07	-	+1.06	+2.95	+16.05
Level	Minor	Major	Intermediate	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	60.02	61.54	64.43	65.95	68.84	70.36	73.25
Camarilla	66.10	66.50	66.91	67.31	67.71	68.12	68.52
Woodie	60.70	61.88	65.11	66.29	69.52	70.70	73.93
Fibonacci	61.54	63.23	64.27	65.95	67.64	68.68	70.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	57.43	59.48	63.39	65.44	69.35	71.40	75.31
Camarilla	65.67	66.22	66.76	67.31	67.86	68.40	68.95
Woodie	58.37	59.95	64.33	65.91	70.29	71.87	76.25
Fibonacci	59.48	61.75	63.16	65.44	67.71	69.12	71.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.94	54.94	58.34	63.35	66.74	71.75	75.15
Camarilla	59.43	60.20	60.97	61.74	62.51	63.28	64.05
Woodie	49.14	54.54	57.54	62.94	65.94	71.35	74.35
Fibonacci	54.94	58.15	60.14	63.35	66.56	68.54	71.75

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.09
MACD (12,26,9):	1.2500
Directional Movement:	33.59
AROON (14):	92.86
DEMA (21):	65.10
Parabolic SAR (0,02-0,02-0,2):	60.10
Elder Ray (13):	5.93
Super Trend (3,10):	63.72
Zig ZAG (10):	68.37
VORTEX (21):	1.1700
Stochastique (14,3,5):	70.63
TEMA (21):	65.31
Williams %R (14):	-32.71
Chande Momentum Oscillator (20):	5.13
Repulse (5,40,3):	-0.3700
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	7.65

MA7:	64.13
MA20:	63.40
MA50:	61.72
MA100:	58.67
MAexp7:	65.10
MAexp20:	63.73
MAexp50:	61.83
MAexp100:	60.62
Price / MA7:	+5.88%
Price / MA20:	+7.10%
Price / MA50:	+10.01%
Price / MA100:	+15.73%
Price / MAexp7:	+4.30%
Price / MAexp20:	+6.54%
Price / MAexp50:	+9.82%
Price / MAexp100:	+12.01%

News

The last news published on AEROVIRONMENT INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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