AVNET INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
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Type:	Stocks
Ticker:	AVT
ISIN:

AVNET INC. - Daily - Technical analysis published on 07/17/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 44.44 USD

My targets

41.68 USD (-4.27%)

39.48 USD (-9.32%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AVNET INC. as long as the price remains well below 44.44 USD. The sellers” bearish objective is set at 41.68 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 39.48 USD. In case of crossing, the next objective would be the support located at 37.82 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AVNET INC. rating is 43.54 USD. The price registered an increase of +0.58% on the session with the lowest point at 42.97 USD and the highest point at 43.58 USD. The deviation from the price is +1.33% for the low point and -0.09% for the high point.

42.97

43.58

43.54

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AVNET INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

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

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.82	39.48	41.68	43.54	44.44	46.96	49.04
Change (%)	-13.14%	-9.32%	-4.27%	-	+2.07%	+7.85%	+12.63%
Change	-5.72	-4.06	-1.86	-	+0.90	+3.42	+5.50
Level	Major	Minor	Major	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.06	40.82	42.05	42.81	44.04	44.80	46.03
Camarilla	42.74	42.93	43.11	43.29	43.47	43.66	43.84
Woodie	40.31	40.94	42.30	42.93	44.29	44.92	46.28
Fibonacci	40.82	41.58	42.05	42.81	43.57	44.04	44.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.32	40.70	42.10	43.48	44.88	46.26	47.66
Camarilla	42.73	42.98	43.24	43.49	43.75	44.00	44.26
Woodie	39.32	40.71	42.10	43.49	44.88	46.27	47.66
Fibonacci	40.70	41.77	42.42	43.48	44.55	45.20	46.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.95	38.69	41.98	43.72	47.01	48.75	52.04
Camarilla	43.89	44.35	44.81	45.27	45.73	46.19	46.65
Woodie	37.73	39.08	42.76	44.11	47.79	49.14	52.82
Fibonacci	38.69	40.61	41.80	43.72	45.64	46.83	48.75

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.76
MACD (12,26,9):	-0.1100
Directional Movement:	-12.94
AROON (14):	-71.43
DEMA (21):	43.62
Parabolic SAR (0,02-0,02-0,2):	45.28
Elder Ray (13):	-0.50
Super Trend (3,10):	46.11
Zig ZAG (10):	43.17
VORTEX (21):	0.9900
Stochastique (14,3,5):	37.08
TEMA (21):	43.64
Williams %R (14):	-60.95
Chande Momentum Oscillator (20):	-1.88
Repulse (5,40,3):	3.9700
ROCnROLL:	2
TRIX (15,9):	0.0200
Courbe Coppock:	1.17

MA7:	43.43
MA20:	43.89
MA50:	43.60
MA100:	44.23
MAexp7:	43.55
MAexp20:	43.73
MAexp50:	43.87
MAexp100:	43.78
Price / MA7:	+0.25%
Price / MA20:	-0.80%
Price / MA50:	-0.14%
Price / MA100:	-1.56%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.43%
Price / MAexp50:	-0.75%
Price / MAexp100:	-0.55%

News

The latest news and videos published on AVNET INC. at the time of the analysis were as follows:

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

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