ALLIANCEBERNSTEIN HOLDING LP (AB) Stock Technical Analysis
NYSE:AB - New York Stock Exchange, Inc. - US01881G1067 - Currency: USD
Taking everything into account, AB scores 4 out of 10 in our technical rating. AB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month AB has a been trading in the 39.74 - 43.30 range, which is quite wide. It is currently trading near the lows of this range.
AB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AB is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, AB turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
AB is part of the Capital Markets industry. There are 237 other stocks in this industry, AB did better than 60% of them.
AB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 39.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
32.25
43.32
5 important support areas can be observed.
- A support zone ranging from 39.82 to 39.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.52 from a trend line in the weekly time frame.
- Support @37.28 from a trend line in the weekly time frame.
- A support zone ranging from 35.42 to 35.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @32.58 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.89 to 42.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AB is down. |
| ChartMill Relative Strength | 61.7 | NEUTRAL | AB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.06 | NEUTRAL | The RSI value for AB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests AB has a negative trend. |
| Stochastics (14,3) | 12.71 | OVERSOLD | The low Stochastics value suggests AB may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for AB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for AB suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
39.9
-0.38 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.94%
1 Week-5.29%
2 Weeks-5.05%
1 Month-1.94%
3 Month-2.11%
6 Month8.25%
12 Month19.86%
2 Year28.83%
3 Year-7.38%
5 Year40.05%
10 Year45.94%
15 Year68.71%
Volatility
ATR(14)0.9
ATR(20)%2.15%
ATR Inc-20.99%
Range Today0.58
ADR(20)0.82
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.7
Mansfield-0.18
10 Day High43.3
10 Day Low39.74
20 Day High43.3
20 Day Low39.74
52 Week High43.3
52 Week Low32.28
CS1 End39.89
CR1 Start42.89
Volume & EV
DER(3)6.99%
DER(5)3.56%
Volume232.90K
Volume Incr18.01%
Vol(5)203.40K
Vol(50)184.46K