AMERICAN BATTERY TECHNOLOGY (ABAT) Stock Technical Analysis
NASDAQ:ABAT - US02451V3096 - Common Stock
2.455 USD
-0.06 (-2.58%)
Overall ABAT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ABAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 96% of all stocks.
ABAT is part of the Metals & Mining industry. There are 155 other stocks in this industry. ABAT outperforms 90% of them.
ABAT has an average volume of 5663300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month ABAT has a been trading in the 1.86 - 2.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ABAT has an excellent technical rating and also presents 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 2.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.51, a Stop Loss order could be placed below this zone.
More info and screens
0.97
3.39
When analyzing the support we can see 3 important areas.
- Support @1.55 from a trend line in the weekly time frame.
- Support @1.51 from a trend line in the daily time frame.
- Support @0.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.48 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.78 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.01 from a trend line in the weekly time frame.
- Resistance @3.12 from a trend line in the weekly time frame.
- Resistance @3.36 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 | 96.92 | POSITIVE | ABAT has a high relative strength, it outperformed 96.92% 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) | 52.96 | NEUTRAL | The RSI value for ABAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ABAT has a negative trend. |
| Stochastics (14,3) | 71.59 | NEUTRAL | The Stochastics value for ABAT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for ABAT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.08 | POSITIVE | The high ADX value value for ABAT suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.79 | 2.47 | 0.32 (11.47%) | 8.72% |
| An entry @2.79. This is a Buy Stop order right above the resistance zone. | An exit @2.47. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 11.47%. | For a 1.00% total portfolio risk, you can invest 8.72% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABAT. 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.
NASDAQ:ABAT (8/29/2025, 10:30:08 AM)
2.455
-0.06 (-2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.58%
1 Week3.7%
2 Weeks-7.35%
1 Month16.13%
3 Month92.37%
6 Month152%
12 Month128.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.77%
ATR Inc-30.73%
Range Today0.06
ADR(20)0.24
ADR(20)%9.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.92
Mansfield5.93
10 Day High2.87
10 Day Low2.22
20 Day High2.87
20 Day Low1.86
52 Week High4.11
52 Week Low0.73
CS1 End2.51
CR1 Start2.78
Volume & EV
DER(3)0.92%
DER(5)0.01%
Volume59.14K
Volume Incr-43.94%
Vol(5)3.52M
Vol(50)5.66M