Technical Analysis for AVT - Avnet, Inc.

Grade Last Price % Change Price Change
C 50.72 -1.50% -0.77
AVT closed down 1.5 percent on Monday, July 1, 2024, on 72 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.
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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
Lower Bollinger Band Walk Weakness 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -1.50%
Pocket Pivot Bullish Swing Setup -1.50%
Lower Bollinger Band Walk Weakness -1.50%
Inside Day Range Contraction -1.50%
Gapped Up Strength -1.50%
Lower Bollinger Band Touch Weakness -1.50%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 9 hours ago
Fell Below Lower Bollinger Band about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Outside Day about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago

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Avnet, Inc. Description

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates in two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products and embedded computing solutions, including technical design, integration, and assembly services to developers of application-specific computing solutions in the non-PC market. It also provides engineers with a host of technical design solutions in support of the sales process of complex products and technologies; engineering and technical resources to support product design, bill of materials development, design services, and technical education and training; and supply chain services focused on original equipment manufacturers (OEMs), electronic manufacturing services providers, and electronic component manufacturers. This segment primarily serves electronic component manufacturers in automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, and military and aerospace industries. The TS segment markets and sells mid-to high-end servers, data storage, and software, as well as provides services required to implement products and solutions to the value-added reseller channel. It also focuses on the worldwide OEM market for computing technology, system integrators, independent software vendors, and non-PC OEMs that require embedded systems and solutions, including engineering, product prototyping, integration, and other value-added services. This segment also provides hard disk drives, microprocessors, motherboards, and DRAM module technologies to manufacturers of general-purpose computers and system builders. The company was founded in 1955 and is headquartered in Phoenix, Arizona.


Classification

Sector: Technology
Industry: Electronics Distribution
Keywords: Semiconductor Systems Integrator Medical Equipment Electronic Components Electronic Manufacturing Service Product Design Storage Products Microprocessor Software Vendors Embedded Systems Computer Hardware Hard Disk Drive Supply Chain Services Disk Drive Computing Solutions Integrated Device Technology Component Manufacturers Aerospace Industries Electromechanical Devices Embedded Computing Motherboard System Builders Design Solutions Electronic Component Manufacturers Hid Global Module Technologies

Is AVT 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 55.1403
52 Week Low 41.8733
Average Volume 673,470
200-Day Moving Average 48.02
50-Day Moving Average 51.89
20-Day Moving Average 52.79
10-Day Moving Average 51.94
Average True Range 1.01
RSI (14) 38.65
ADX 17.11
+DI 14.15
-DI 24.51
Chandelier Exit (Long, 3 ATRs) 51.71
Chandelier Exit (Short, 3 ATRs) 53.52
Upper Bollinger Bands 54.93
Lower Bollinger Band 50.66
Percent B (%b) 0.01
BandWidth 8.09
MACD Line -0.33
MACD Signal Line 0.03
MACD Histogram -0.3567
Fundamentals Value
Market Cap 4.58 Billion
Num Shares 90.4 Million
EPS 7.25
Price-to-Earnings (P/E) Ratio 7.00
Price-to-Sales 0.16
Price-to-Book 0.81
PEG Ratio 2.53
Dividend 1.20
Dividend Yield 2.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 52.75
Resistance 3 (R3) 52.89 52.36 52.41
Resistance 2 (R2) 52.36 51.84 52.29 52.29
Resistance 1 (R1) 51.54 51.53 51.28 51.40 52.18
Pivot Point 51.01 51.01 50.88 50.94 51.01
Support 1 (S1) 50.19 50.49 49.93 50.05 49.26
Support 2 (S2) 49.66 50.18 49.59 49.15
Support 3 (S3) 48.84 49.66 49.03
Support 4 (S4) 48.70