The daily candle
Avalanche closed the November 5 daily candle at $8.17, down 6.47% on the day, after trading between $8.08 and $8.86. What stands out on the daily chart: sharp move, 30-day closing low.
Moving averages
The close of $8.17 is 8.9% below the 20-day average ($8.97).
The close of $8.17 is 17.5% below the 50-day average ($9.90).
Momentum: RSI and MACD
The 14-day RSI reads 35.0, 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 -0.3967 against a signal line of -0.356, 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 1.27 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 $7.98 to $9.96, and the close is inside the bands.
Over the previous 30 days the highest close was $11.60 and the lowest $8.28.
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.