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Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Avid Technology, Inc. (NASDAQ:AVID)
Crossroads (-60) - AVID is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for AVID
The long-term trend has been DOWN since Sep 3rd, 2021 at 25.35
The intermediate-term trend has been UP since Sep 20th, 2021 at 27.08
The short-term trend has been UP since Oct 14th, 2021 at 29.72
Smart Scan Analysis for AVID
Based on our trend formula, AVID is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.57 | 29.82 | 28.92 | 29.08 | -0.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.15 | 133828 | 2021-10-18 15:59:57 |
| Year High | 6.99 | Year High Date | 2018-11-16 |
| Year Low | 4.26 | Year Low Date | 2018-03-23 |
| 52wk High | 40.48 | 52wk High Date | 2021-07-12 |
| 52wk Low | 8.21 | 52wk Low Date | 2020-10-28 |
| Year End Close | 7.58 | Average Volume | 389,801 |
| Shares Outstanding | 45,604 | Short Interest | 665,442 |
| % Institutional | 91.4 | Market Cap | 285M |
| Assets | 256,705,000M | Liabilities | 386,447,000M |
| P/E Ratio | 50.4407 | Beta | 1.43 |
| Volatility | 58.29 |