Watch: the daily chart check
▶ PlayThe daily candle
Avalanche closed the September 29 daily candle at $11.43, up 7.77% on the day, after trading between $10.32 and $12.01. What stands out on the daily chart: sharp move, 30-day closing high, RSI overbought.
Moving averages
The close of $11.43 is 22.6% above the 20-day average ($9.32).
The close of $11.43 is 42.3% above the 50-day average ($8.04).
Momentum: RSI and MACD
The 14-day RSI reads 71.7, above 70, the range usually called overbought. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 0.9581 against a signal line of 0.8358, so the MACD line is above its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.80 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $5.97 to $12.68, and the close is inside the bands.
Over the previous 30 days the highest close was $11.31 and the lowest $7.11.
What it costs to hold a position
Anyone holding a AVAX perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the AVAX funding page.