Watch: the daily chart check
▶ PlayThe daily candle
Avalanche closed the October 2 daily candle at $10.79, down 1.70% on the day, after trading between $10.43 and $11.27. What stands out on the daily chart: MACD crossed below signal.
Moving averages
The close of $10.79 is 9.6% above the 20-day average ($9.85).
The close of $10.79 is 29.9% above the 50-day average ($8.31).
Momentum: RSI and MACD
The 14-day RSI reads 62.8, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 0.865 against a signal line of 0.8661, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.73 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 $6.76 to $12.93, and the close is inside the bands.
Over the previous 30 days the highest close was $11.43 and the lowest $7.19.
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.