ALLIANCEBERNSTEIN HOLDING LP (AB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:AB • US01881G1067
We assign a technical rating of 4 out of 10 to AB. AB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- AB is one of the better performing stocks in the Capital Markets industry, it outperforms 72% of 238 stocks in the same industry.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, AB outperforms 50% of them, which is more or less in line with the market.
- In the last month AB has a been trading in the 37.93 - 44.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
AB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.88
We found 2 important support areas.
- A support zone ranging from 38.61 to 38.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.25 to 37.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.82 to 40.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.88 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 | NEUTRAL | NEUTRAL | The long term trend for AB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AB is neutral. |
| ChartMill Relative Strength | 50.47 | NEUTRAL | AB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.53 | NEUTRAL | The RSI value for AB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AB has a negative trend. |
| Stochastics (14,3) | 51.5 | NEUTRAL | The Stochastics value for AB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for AB suggests some volalility. |
| Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for AB suggests a possible start of a new trend. |
39.43
-2.93 (-6.92%)
ALLIANCEBERNSTEIN HOLDING LP / AB FAQ
What is the technical rating for AB stock?
ChartMill assigns a technical rating of 4 / 10 to AB.
What is the trend direction for AB stock?
The current trend direction for ALLIANCEBERNSTEIN HOLDING LP (AB) is Bearish.
What is the RSI signal for AB stock?
ALLIANCEBERNSTEIN HOLDING LP (AB) has an RSI value of 44.5331. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALLIANCEBERNSTEIN HOLDING LP?
The MACD indicator for ALLIANCEBERNSTEIN HOLDING LP (AB) has a value of -0.00743731, indicating a bearish trend.
What is the short term momentum for ALLIANCEBERNSTEIN HOLDING LP (AB) stock?
The short term momentum for ALLIANCEBERNSTEIN HOLDING LP (AB) is neutral.