AVANTIFEED Breakout Stock

Good Above 900 on Closing Basis.

For Educational Purpose only.

Rationale:-

Volume:
 Volume is greater than previous session by 848.49%.
 Volume is greater than last 10 sessions average volume.
 Volume is greater than last 10 sessions volume. That is a high volume.
 Highest volume marked in last 20 sessions. That is a volume spurt.

Volatility:
 ATR% of the stock is 3.96%
 Average of last 20-day is 4.33%

Moving Average Observations:
 Price remains above 200-day Moving average.
 Price went above 50-day Moving average in the current session, it is a bullish crossover.
 Price above 50-day, 100-day and 200-day Moving average.
 Moving average alignment is bullish. It is an uptrend & a bullish setup.

RSI Observations:
 The Daily RSI indicator has crossed above 50 in the current session. Current Daily RSI reading is 56.32.
 The Weekly RSI indicator has remained above 50. This is a bullish zone. Current Weekly RSI reading is 60.34.
 The Monthly RSI indicator has remained above 70. Current Monthly RSI reading is 72.59.

ADX Observations:
 The Daily DMI position turned bullish. It’s a bullish crossover.
 The Daily ADX went up by 4.34%. Current ADX reading is 10.76.
 The Daily distance between DMI lines is 28.43%.
 The Weekly DMI position remains bullish.
 The Monthly DMI position remains bullish.

Donchian Channel Observations:
 Price is above middle Donchian channel (Bullish).
 Price is at Upper Donchian channel band.
 Upper band is rising. 20-day new high marked.
 Difference between bands is 11.53%.

Ichimoku Observations:
 Price above Ichimoku clouds.
 Clouds are bullish.
 Tenkan line went above Kinjun line in current session. Bullish crossover.
 Tenkan line is above Kijun line. Ichimoku setup is bullish.
 Current cloud range is 1.25% and Future cloud range is 11.34%.

Bollinger Band Observations:
 Price is above middle Bollinger band (Bullish).
 Price is above Upper Bollinger band.
 Bands are expanding.
 Difference between bands is 6.05%.