The daily candle
Avalanche closed the November 8 daily candle at $7.93, down 3.57% on the day, after trading between $7.75 and $8.27. What stands out on the daily chart: 30-day closing low.
Moving averages
The close of $7.93 is 9.2% below the 20-day average ($8.74).
The close of $7.93 is 19.6% below the 50-day average ($9.87).
Momentum: RSI and MACD
The 14-day RSI reads 33.6, 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 -0.4202 against a signal line of -0.3808, 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 0.89 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 $7.82 to $9.66, and the close is inside the bands.
Over the previous 30 days the highest close was $10.97 and the lowest $8.17.
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.