AMERICAN BATTERY TECHNOLOGY (ABAT) Stock Technical Analysis
NASDAQ:ABAT - Nasdaq - US02451V3096 - Common Stock - Currency: USD
Overall ABAT gets a technical rating of 7 out of 10. In the last year, ABAT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ABAT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABAT has an average volume of 1327390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ABAT outperforms 61% of them, which is more or less in line with the market.
ABAT is part of the Metals & Mining industry. There are 153 other stocks in this industry, ABAT did better than 51% of them.
In the last month ABAT has a been trading in the 0.86 - 1.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ABAT 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.
More info and screens
0.91
2.64
We found 3 important support areas.
- Support @0.98 from a trend line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
- Support @0.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.71 from a horizontal line in the daily time frame.
- Resistance @2.61 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.22
Mansfield2.42
10 Day High1.77
10 Day Low1.06
20 Day High1.77
20 Day Low0.86
52 Week High4.11
52 Week Low0.73
Performance
1 Week30.43%
2 Weeks28.21%
1 Month48.51%
3 Month-7.41%
6 Month51.01%
12 Month9.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.06
RSI(14)63.69
LBB0.81
UBB1.68
1.5
-0.06 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.85%
1 Week30.43%
2 Weeks28.21%
1 Month48.51%
3 Month-7.41%
6 Month51.01%
12 Month9.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.3%
ATR Inc33.07%
Range Today0.17
ADR(20)0.13
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.22
Mansfield2.42
10 Day High1.77
10 Day Low1.06
20 Day High1.77
20 Day Low0.86
52 Week High4.11
52 Week Low0.73
CS1 End0.98
CR1 Start1.71
Volume & EV
DER(3)-3.85%
DER(5)-2.98%
Volume2.09M
Volume Incr436.28%
Vol(5)4.68M
Vol(50)1.33M