Technical Analysis for AVNT - Avient Corporation

Grade Last Price % Change Price Change
D 42.59 0.69% 0.29
AVNT closed up 0.69 percent on Wednesday, July 3, 2024, on 51 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Jul 25
*** 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 Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.69%
Lower Bollinger Band Walk Weakness 0.69%
Stochastic Reached Oversold Weakness 0.69%
Lower Bollinger Band Touch Weakness 0.69%
Oversold Stochastic Weakness 0.69%
20 DMA Resistance Bearish 0.97%
180 Bearish Setup Bearish Swing Setup 0.97%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 10 hours ago
Up 2% about 10 hours ago
Rose Above Previous Day's High about 11 hours ago
Up 1% about 11 hours ago
Possible NR7 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 47.5877
52 Week Low 27.212
Average Volume 436,719
200-Day Moving Average 38.67
50-Day Moving Average 43.92
20-Day Moving Average 43.44
10-Day Moving Average 43.08
Average True Range 0.95
RSI (14) 43.50
ADX 13.02
+DI 24.96
-DI 30.35
Chandelier Exit (Long, 3 ATRs) 42.80
Chandelier Exit (Short, 3 ATRs) 44.78
Upper Bollinger Bands 44.87
Lower Bollinger Band 42.02
Percent B (%b) 0.2
BandWidth 6.55
MACD Line -0.36
MACD Signal Line -0.24
MACD Histogram -0.1154
Fundamentals Value
Market Cap 3.88 Billion
Num Shares 91.2 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 125.26
Price-to-Sales 1.07
Price-to-Book 1.48
PEG Ratio 0.72
Dividend 0.99
Dividend Yield 2.32%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.05
Resistance 3 (R3) 44.08 43.62 43.80
Resistance 2 (R2) 43.62 43.25 43.61 43.72
Resistance 1 (R1) 43.11 43.02 42.88 43.08 43.64
Pivot Point 42.65 42.65 42.54 42.64 42.65
Support 1 (S1) 42.14 42.28 41.91 42.11 41.54
Support 2 (S2) 41.68 42.05 41.67 41.46
Support 3 (S3) 41.17 41.68 41.38
Support 4 (S4) 41.14