ALLIANCEBERNSTEIN HOLDING LP (AB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AB - US01881G1067
Taking everything into account, AB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AB has an excellent technical rating, it does not present a decent entry opportunity 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.
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35.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.67 to 39.82. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- Support @35.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @41.77 from a horizontal line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for AB is up. |
| ChartMill Relative Strength | 72.18 | POSITIVE | AB has a high relative strength, it outperformed 72.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AB is above 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) | 63.37 | NEUTRAL | The RSI value for AB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests AB has a positive trend. |
| Stochastics (14,3) | 92.47 | OVERBOUGHT | The high Stochastics value suggests AB may be overbought. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for AB suggests low volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for AB suggests a weak or negative trend. |
41.1
+0.03 (+0.07%)
ALLIANCEBERNSTEIN HOLDING LP / AB FAQ
What is the technical rating for AB stock?
ChartMill assigns a technical rating of 9 / 10 to AB.
What is the current trend direction of ALLIANCEBERNSTEIN HOLDING LP (AB) stock?
The current trend direction for ALLIANCEBERNSTEIN HOLDING LP (AB) is Bullish.
What is the RSI signal for ALLIANCEBERNSTEIN HOLDING LP (AB) stock?
ALLIANCEBERNSTEIN HOLDING LP (AB) has an RSI value of 63.3706. This indicates that the stock is currently neutral.
What is the short term momentum for AB stock?
The short term momentum for ALLIANCEBERNSTEIN HOLDING LP (AB) is positive.
What is the buy/sell signal for AB stock?
The buy/sell signal for ALLIANCEBERNSTEIN HOLDING LP (AB) is buy as both the short term and long term trends are positive.