Stock Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Avid Tech, Inc (NASDAQ:AVID)
Strong Uptrend (+100) - AVID is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AVID continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jun 3rd, 2020 at 7.90
The intermediate-term trend has been UP since Oct 29th, 2020 at 9.50
The short-term trend has been UP since Nov 27th, 2020 at 12.39
Smart Scan Analysis for AVID
Based on our trend formula, AVID is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.99||Year High Date||2018-11-16|
|Year Low||4.26||Year Low Date||2018-03-23|
|52wk High||9.6903||52wk High Date||2020-10-30|
|52wk Low||4.67||52wk Low Date||2020-05-14|
|Year End Close||7.58||Average Volume||539,953|
|Shares Outstanding||44,208||Short Interest||665,442|
|% Institutional||91.4||Market Cap||285M|