The daily candle
Avalanche closed the October 22 daily candle at $9.12, down 5.49% on the day, after trading between $9.04 and $9.72. What stands out on the daily chart: sharp move, below 50-day average, 30-day closing low.
Moving averages
The close of $9.12 is 11.4% below the 20-day average ($10.29).
The close of $9.12 is 4.8% below the 50-day average ($9.58).
Momentum: RSI and MACD
The 14-day RSI reads 38.4, 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 -0.1221 against a signal line of 0.06903, 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 0.92 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 $9.00 to $11.58, and the close is inside the bands.
Over the previous 30 days the highest close was $11.60 and the lowest $9.60.
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.