We assign a technical rating of 10 out of 10 to ABAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABAT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ABAT is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ABAT over the past year are nicely spread over this period.
- In the last month ABAT has a been trading in the 3.21 - 5.33 range, which is quite wide. It is currently trading near the high of this range.
- ABAT has an average volume of 6919810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ABAT is an average performer in the Metals & Mining industry, it outperforms 53% of 157 stocks in the same industry.
- ABAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABAT is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.34
When analyzing the support we can see 2 important areas.
- Support @3.50 from a trend line in the daily time frame.
- Support @3.37 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.88 from a horizontal line in the weekly time frame.
- Resistance @5.32 from a horizontal line in the daily time frame.
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 ABAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABAT is up. |
| ChartMill Relative Strength | 95.02 | POSITIVE | ABAT has a high relative strength, it outperformed 95.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for ABAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ABAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.87 | OVERBOUGHT | The high Stochastics value suggests ABAT may be overbought. |
| Average True Range in percent/ATR (20) | 9.68 | HIGH VOLATILITY | The high ATR as a percentage value for ABAT suggests high volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for ABAT suggests a possible start of a new trend. |
NASDAQ:ABAT (1/16/2026, 11:42:09 AM)
4.875
+0.01 (+0.31%)
AMERICAN BATTERY TECHNOLOGY / ABAT FAQ
What is the ChartMill technical rating of AMERICAN BATTERY TECHNOLOGY (ABAT) stock?
ChartMill assigns a technical rating of 10 / 10 to ABAT.
What is the trend direction for ABAT stock?
The current trend direction for AMERICAN BATTERY TECHNOLOGY (ABAT) is Bullish.
What is the RSI signal for AMERICAN BATTERY TECHNOLOGY (ABAT) stock?
AMERICAN BATTERY TECHNOLOGY (ABAT) has an RSI value of 56.6478. This indicates that the stock is currently neutral.
What is the short term momentum for ABAT stock?
The short term momentum for AMERICAN BATTERY TECHNOLOGY (ABAT) is positive.
What is the buy/sell signal for ABAT stock?
The buy/sell signal for AMERICAN BATTERY TECHNOLOGY (ABAT) is buy as both the short term and long term trends are positive.