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Avid Technology Inc $AVID Trading Report

The Avid Technology Inc (NASDAQ: AVID) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for AVID, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Strong Strong
P1 0 0 6.67
P2 8.98 9.10 8.32
P3 9.30 9.45 10.13
Triggers may have already come
Support and Resistance Plot Chart for AVID

Long Term Trading Plans for AVID

February 20, 2020, 6:45 pm ET

The Technical Summary and Trading Plans for AVID help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this AVID Report.

AVID - (Long) Support Plan

The technical summary data tells us to buy AVID near 8.32 with an upside target of 10.13. This data also tells us to set a stop loss @ 8.06 to protect against excessive loss in case the stock begins to move against the trade. 8.32 is the first level of support below 8.99 , and by rule, any test of support is a buy signal. In this case, support 8.32 is being tested, a buy signal would exist.

AVID - (Short) Resistance Plan

The technical summary data is suggesting a short of AVID as it gets near 10.13 with a downside target of 8.32. We should have a stop loss in place at 10.39 though. 10.13 is the first level of resistance above 8.99, and by rule, any test of resistance is a short signal. In this case, if resistance 10.13 is being tested, a short signal would exist.


AVID Long Term Analysis


AVID EPS Analysis

AVID Dividend Chart

AVID Revenue chart

AVID Growth rate - Quarterly

AVID Growth rate - Yearly

AVID PE chart

AVID PEG chart