AVANTIFEED Breakout StockGood 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. Its 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%.
