Technical Analysis for AVID - Avid Technology, Inc.

Grade Last Price % Change Price Change
B 29.35 -1.54% -0.46
AVID closed down 1.54 percent on Wednesday, March 22, 2023, on 78 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 20 DMA Bullish -1.54%
Crossed Above 50 DMA Bullish -1.54%
MACD Bullish Signal Line Cross Bullish -1.54%
Bollinger Band Squeeze Range Contraction -1.54%

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Alert Time
50 DMA Resistance about 10 hours ago
Down 1% about 10 hours ago
Up 1% about 10 hours ago
Rose Above Upper Bollinger Band about 11 hours ago
Upper Bollinger Band Resistance about 11 hours ago

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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.


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

Is AVID a Buy, Sell or Hold?

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


Indicator Value
52 Week High 37.31
52 Week Low 20.83
Average Volume 203,276
200-Day Moving Average 27.14
50-Day Moving Average 29.75
20-Day Moving Average 29.12
10-Day Moving Average 28.99
Average True Range 1.05
RSI 50.50
ADX 19.02
+DI 23.72
-DI 22.12
Chandelier Exit (Long, 3 ATRs) 27.81
Chandelier Exit (Short, 3 ATRs) 28.07
Upper Bollinger Bands 29.97
Lower Bollinger Band 28.27
Percent B (%b) 0.64
BandWidth 5.84
MACD Line -0.12
MACD Signal Line -0.17
MACD Histogram 0.0502
Fundamentals Value
Market Cap 1.3 Billion
Num Shares 44.2 Million
EPS 0.42
Price-to-Earnings (P/E) Ratio 69.39
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) 30.74
Resistance 3 (R3) 30.89 30.58 30.51
Resistance 2 (R2) 30.58 30.23 30.51 30.43
Resistance 1 (R1) 29.97 30.01 29.81 29.81 30.35
Pivot Point 29.66 29.66 29.58 29.58 29.66
Support 1 (S1) 29.04 29.30 28.89 28.89 28.35
Support 2 (S2) 28.73 29.09 28.66 28.27
Support 3 (S3) 28.12 28.73 28.19
Support 4 (S4) 27.96