AVK in -2.07% downward trend, declining for three consecutive days on September 26, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AVK declined for three days, in of 262 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AVK as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for AVK crossed bearishly below the 50-day moving average on August 24, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The Aroon Indicator for AVK entered a downward trend on September 26, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVK advanced for three days, in of 374 cases, the price rose further within the following month. The odds of a continued upward trend are .
AVK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MENAX | 9.49 | -0.07 | -0.73% |
| Madison Covered Call & Equity Income A | |||
| TSRMX | 13.07 | -0.19 | -1.43% |
| Touchstone Sands Cptl Emerg Mkts Gr R6 | |||
| AWPIX | 17.41 | -0.26 | -1.47% |
| AB Sustainable Intl Thematic I | |||
| TRGOX | 58.09 | -0.98 | -1.66% |
| T. Rowe Price Lrg Cp Gr Inv | |||
| HSUCX | 21.77 | -0.37 | -1.67% |
| Rational Dynamic Brands C | |||
AVK and
Correlation & Price change
A.I.dvisor indicates that over the last year, AVK has been closely correlated with CWB. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVK jumps, then CWB could also see price increases.