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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.

NASDAQ_AVID
Open High Low AVID Price Change
29.57 29.82 28.92 29.08 -0.68
Entry Signal

MarketClub’s Trade Triangles for AVID

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 25.35

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 27.08

short term up 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).

-60
Smart Scan Analysis for AVID
Strong Downtrend Sideways 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 High6.99Year High Date2018-11-16
Year Low4.26Year Low Date2018-03-23
52wk High40.4852wk High Date2021-07-12
52wk Low8.2152wk Low Date2020-10-28
Year End Close7.58Average Volume389,801
Shares Outstanding45,604Short Interest665,442
% Institutional91.4Market Cap285M
Assets256,705,000MLiabilities386,447,000M
P/E Ratio50.4407Beta1.43
Volatility58.29
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