Technical Analysis for AVNT - Avient Corporation

Grade Last Price % Change Price Change
A 43.22 1.00% 0.43
AVNT closed up 1.0 percent on Friday, April 26, 2024, on 74 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish 1.00%
Bollinger Band Squeeze Range Contraction 1.00%
Stochastic Reached Overbought Strength 1.00%
Overbought Stochastic Strength 1.00%

   Recent Intraday Alerts

Alert Time
Up 2% about 13 hours ago
Rose Above Previous Day's High about 14 hours ago
Up 1% about 14 hours ago
20 DMA Support 1 day ago
60 Minute Opening Range Breakdown 1 day ago

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Profile

Avient Corporation Description

Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers and silicone colorants. It operates through the following segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, speciality inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The Distribution segment distributes engineering and commodity grade resins, including PolyOne-produced solutions, principally to the North American, Central American, and Asian markets. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.


Classification

Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: Plastic Polymers Thermoplastic Elastomer Silicone Packaging Solutions Dyes Color Services Fluoropolymers Polymer Chemistry Screen Printing Thermosetting Polymer

Is AVNT 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 43.97
52 Week Low 27.3734
Average Volume 440,696
200-Day Moving Average 37.55
50-Day Moving Average 41.33
20-Day Moving Average 42.57
10-Day Moving Average 42.62
Average True Range 0.98
RSI (14) 59.02
ADX 21.0
+DI 25.48
-DI 14.97
Chandelier Exit (Long, 3 ATRs) 41.04
Chandelier Exit (Short, 3 ATRs) 43.75
Upper Bollinger Bands 43.74
Lower Bollinger Band 41.40
Percent B (%b) 0.78
BandWidth 5.50
MACD Line 0.48
MACD Signal Line 0.49
MACD Histogram -0.0026
Fundamentals Value
Market Cap 3.94 Billion
Num Shares 91.2 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 127.12
Price-to-Sales 1.07
Price-to-Book 1.48
PEG Ratio 0.72
Dividend 0.99
Dividend Yield 2.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.87
Resistance 3 (R3) 44.90 44.37 44.60
Resistance 2 (R2) 44.37 43.95 44.36 44.50
Resistance 1 (R1) 43.80 43.69 44.09 43.77 44.41
Pivot Point 43.27 43.27 43.42 43.26 43.27
Support 1 (S1) 42.70 42.85 42.99 42.67 42.03
Support 2 (S2) 42.17 42.59 42.16 41.94
Support 3 (S3) 41.60 42.17 41.85
Support 4 (S4) 41.57