Technical Analysis for AVNT - Avient Corporation

Grade Last Price % Change Price Change
B 49.82 -0.14% -0.07
AVNT closed down 0.14 percent on Wednesday, November 20, 2024, on 72 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
20 DMA Support Bullish -0.14%
Hammer Candlestick Bullish -0.14%
Multiple of Ten Bearish Other -0.14%
Gapped Down Weakness -0.14%
Pocket Pivot Bullish Swing Setup -1.79%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.62%

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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 54.68
52 Week Low 33.0158
Average Volume 474,424
200-Day Moving Average 44.49
50-Day Moving Average 49.17
20-Day Moving Average 49.55
10-Day Moving Average 51.00
Average True Range 1.43
RSI (14) 50.74
ADX 21.99
+DI 27.65
-DI 24.12
Chandelier Exit (Long, 3 ATRs) 50.40
Chandelier Exit (Short, 3 ATRs) 49.74
Upper Bollinger Bands 53.14
Lower Bollinger Band 45.96
Percent B (%b) 0.54
BandWidth 14.50
MACD Line 0.52
MACD Signal Line 0.54
MACD Histogram -0.0261
Fundamentals Value
Market Cap 4.54 Billion
Num Shares 91.2 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 146.53
Price-to-Sales 1.07
Price-to-Book 1.48
PEG Ratio 0.72
Dividend 0.99
Dividend Yield 1.99%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.19
Resistance 3 (R3) 51.06 50.47 50.96
Resistance 2 (R2) 50.47 50.13 50.54 50.88
Resistance 1 (R1) 50.15 49.91 50.31 50.28 50.81
Pivot Point 49.56 49.56 49.65 49.63 49.56
Support 1 (S1) 49.24 49.22 49.40 49.37 48.83
Support 2 (S2) 48.65 49.00 48.72 48.76
Support 3 (S3) 48.33 48.65 48.68
Support 4 (S4) 48.46