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Stock Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Avid Technology, Inc. (NASDAQ:AVID)

Sidelines Mode (-55) - AVID is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AVID?

MarketClub looks at technical strength and momentum to determine if the timing is right for AVID.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_AVID
Open High Low AVID Price Change
27.280 27.860 26.914 27.540 +0.430
Entry Signal

MarketClub’s Trade Triangles for AVID

long term down The long-term trend has been DOWN since May 5th, 2022 at 26.80

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 24.87

short term up The short-term trend has been UP since Jun 21st, 2022 at 26.23

Smart Scan Analysis for AVID

Based on our trend formula, AVID is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AVID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.280 27.860 26.914 27.540 +0.430
Prev. Close Volume Bid Ask Time
27.560 163531 2022-06-24 15:59:33
Year High6.99Year High Date2018-11-16
Year Low4.26Year Low Date2018-03-23
52wk High40.4852wk High Date2021-07-12
52wk Low20.8352wk Low Date2022-05-12
Year End Close7.58Average Volume304,251
Shares Outstanding44,972Short Interest665,442
% Institutional91.4Market Cap285M
Assets245,107,000MLiabilities375,126,000M
P/E Ratio26.3204Beta1.43
Volatility58.29
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