The daily candle
Avalanche closed the November 9 daily candle at $8.65, up 9.02% on the day, after trading between $7.81 and $9.01. What stands out on the daily chart: sharp move, volume spike, MACD crossed above signal.
Moving averages
The close of $8.65 is 0.4% below the 20-day average ($8.68).
The close of $8.65 is 11.9% below the 50-day average ($9.82).
Momentum: RSI and MACD
The 14-day RSI reads 46.4, 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 -0.3751 against a signal line of -0.3797, 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 3.27 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 $7.89 to $9.48, and the close is inside the bands.
Over the previous 30 days the highest close was $10.97 and the lowest $7.93.
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.