Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AVID
The long-term trend has been DOWN since May 5th, 2022 at 26.80
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 24.87
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).
| 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 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 | 20.83 | 52wk Low Date | 2022-05-12 |
| Year End Close | 7.58 | Average Volume | 304,251 |
| Shares Outstanding | 44,972 | Short Interest | 665,442 |
| % Institutional | 91.4 | Market Cap | 285M |
| Assets | 245,107,000M | Liabilities | 375,126,000M |
| P/E Ratio | 26.3204 | Beta | 1.43 |
| Volatility | 58.29 |