Technical Analysis for AVID - Avid Technology, Inc.

Grade Last Price % Change Price Change
B 18.82 -5.71% -1.14
AVID closed down 5.71 percent on Thursday, March 4, 2021, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down
Historical AVID trend table...

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -5.71%
Multiple of Ten Bearish Other -5.71%
Outside Day Range Expansion -5.71%
Oversold Stochastic Weakness -6.74%
Multiple of Ten Bullish Other -9.65%
Oversold Stochastic Weakness -9.65%
Older End-of-Day Signals for AVID ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Lower Bollinger Band Support about 18 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Down 1 ATR about 18 hours ago
Down 5% about 22 hours ago
Fell Below Lower Bollinger Band about 22 hours ago
View Earlier Intraday Alerts

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Profile

Avid Technology, Inc. Description

Avid Technology, Inc. provides digital media content-creation products and solutions for audio, film, video, broadcast professionals, artists, and creative enthusiasts in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers various software and hardware professional video-editing solutions, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter and iNews Instinct editors for news production; and Avid Symphony Nitris DX and Avid DS, which are used during the online or finishing stage of post production. It also provides Pinnacle Studio and Avid Studio, which provide consumers and entry-level videographers with the ability to create professional-looking videos; broadcast newsroom graphics, ingest, play-to-air, and automation device control solutions that assist broadcasters as they bring programs from concept to air; and Avid ISIS shared storage system to store, share and manage large quantities of digital media assets. In addition, Avid Technology, Inc. offers Pro Tools digital audio software and workstation solutions that facilitate the audio production process; a range of complementary open audio and video control surfaces and consoles; ICON system for tactile control of Pro Tools software and hardware; VENUE, a family of console products for mixing audio for live sound reinforcement. Further, the company provides Fast Track recording interface products to deliver audio quality plus hands-on controls; MIDI keyboards/controllers and digital pianos, which are used by musicians in the recording studio and for live performances; speakers for use with desktop computer systems and in studios; and Sibelius-branded software allows users to create, edit, and publish musical scores. Additionally, it also offers project management, installation, integration, planning, training, and support services. The company was founded in 1987 and is headquartered in Burlington, Massachusetts.


Classification

Sector: Technology
Industry: Electronic Gaming & Multimedia
Keywords: Digital Media Project Management Workstation Application Software Burlington Media Technology MIDI Control Solutions Media Content Digital Audio Musicians Tactile Interface Products Television Programs Audio Software Console Products Digital Media Content Sound Track

Is AVID a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.47
52 Week Low 4.67
Average Volume 518,663
200-Day Moving Average 11.26
50-Day Moving Average 18.45
20-Day Moving Average 21.44
10-Day Moving Average 20.34
Average True Range 1.36
ADX 30.49
+DI 18.14
-DI 28.65
Chandelier Exit (Long, 3 ATRs ) 20.40
Chandelier Exit (Short, 3 ATRs ) 22.01
Upper Bollinger Band 24.43
Lower Bollinger Band 18.45
Percent B (%b) 0.06
BandWidth 27.89
MACD Line 0.25
MACD Signal Line 0.76
MACD Histogram -0.5138
Fundamentals Value
Market Cap 832 Million
Num Shares 44.2 Million
EPS 0.42
Price-to-Earnings (P/E) Ratio 44.49
Price-to-Sales 1.43
Price-to-Book 0.00
PEG Ratio 0.91
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.33
Resistance 3 (R3) 21.48 20.81 20.91
Resistance 2 (R2) 20.81 20.17 20.73 20.77
Resistance 1 (R1) 19.81 19.77 19.48 19.66 20.63
Pivot Point 19.14 19.14 18.97 19.06 19.14
Support 1 (S1) 18.14 18.50 17.81 17.99 17.01
Support 2 (S2) 17.47 18.10 17.39 16.87
Support 3 (S3) 16.47 17.47 16.73
Support 4 (S4) 16.32