ALLIANCEBERNSTEIN HOLDING LP (AB)

US01881G1067

33.83  -0.14 (-0.41%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to AB. Although AB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

61% of all other stocks performed better in the past year than AB.
Both the short term and long term trends are positive. This is a very positive sign.
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.
AB is an average performer in the Capital Markets industry, it outperforms 42% of 212 stocks in the same industry.
In the last month AB has a been trading in a tight range between 32.55 and 34.22.
Weekly and Daily overview Charts
AB Weekly chart
AB Daily chart
Setup Rating and Analysis

9

AB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

32.01

35.86

We found 2 important support areas.

  • A support zone ranging from 33.29 to 33.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 32.33 to 32.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Strong resistance @34.01 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 34.75 to 35.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.42
Mansfield-0.92
10 Day High34.22
10 Day Low33.31
20 Day High34.22
20 Day Low32.55
52 Week High35.43
52 Week Low25.83
Performance
1 Week0.12%
2 Weeks0.99%
1 Month2.73%
3 Month2.05%
6 Month1.93%
12 Month0.62%
2 Year-23.22%
3 Year-29.92%
5 Year12.13%
10 Year29.42%
15 Year63.91%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)53.03
LBB33.3
UBB34.13
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
34.0233.300.72 (2.12%)25.00%
An entry @34.02. This is a Buy Stop order right above the resistance zone.An exit @33.30. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.72 points, which is 2.12%.For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AB Daily chart

ALLIANCEBERNSTEIN HOLDING LP

NYSE:AB (7/12/2024, 7:16:25 PM)

33.83

-0.14 (-0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.41%
1 Week0.12%
2 Weeks0.99%
1 Month2.73%
3 Month2.05%
6 Month1.93%
12 Month0.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%1.75%
ATR Inc
Range Today0.48
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.22
10 Day Low33.31
20 Day High34.22
20 Day Low32.55
52 Week High35.43
52 Week Low25.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume253.20K
Volume Incr67.38%
Vol(5)302.20K
Vol(50)224.41K