4.15 USD
-0.04 (-0.95%)
4.0204 USD
-0.13 (-3.12%)
Taking everything into account, ABAT scores 8 out of 10 in our technical rating. In the last year, ABAT was one of the better performers, but we do observe some doubts in the very recent evolution.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ABAT is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by ABAT over the past year are nicely spread over this period.
ABAT is part of the Metals & Mining industry. There are 155 other stocks in this industry. ABAT outperforms 96% of them.
ABAT has an average volume of 14549000 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 3.23 - 4.69 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
3.19
4.24
2 important support areas can be observed.
- Support @3.44 from a trend line in the daily time frame.
- Support @3.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.16 to 4.20. 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 ABAT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABAT is neutral. |
| ChartMill Relative Strength | 99.17 | POSITIVE | ABAT has a high relative strength, it outperformed 99.17% 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) | DOWN | NEGATIVE | The current price of ABAT is below a declining 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) | 50.93 | NEUTRAL | The RSI value for ABAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ABAT has a positive trend. |
| Stochastics (14,3) | 74.03 | NEUTRAL | The Stochastics value for ABAT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.35 | HIGH VOLATILITY | The high ATR as a percentage value for ABAT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for ABAT suggests a weak or negative 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)
4.15
-0.04 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.95%
1 Week10.96%
2 Weeks18.23%
1 Month12.47%
3 Month72.92%
6 Month184.25%
12 Month367.34%
2 Year-11.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%10.35%
ATR Inc6.95%
Range Today0.32
ADR(20)0.41
ADR(20)%9.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.17
3 months CRS97.24
6 months CRS98.51
Mansfield6.41
10 Day High4.41
10 Day Low3.23
20 Day High4.69
20 Day Low3.23
52 Week High11.49
52 Week Low0.83
CS1 End3.44
CR1 Start4.16
Volume & EV
DER(3)-3.4%
DER(5)-2.3%
Volume6.11M
Volume Incr-32.15%
Vol(5)5.31M
Vol(50)14.55M
AMERICAN BATTERY TECHNOLOGY / ABAT FAQ
What is the ChartMill technical rating of AMERICAN BATTERY TECHNOLOGY (ABAT) stock?
ChartMill assigns a technical rating of 8 / 10 to ABAT.
What is the current trend direction of AMERICAN BATTERY TECHNOLOGY (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 50.9314. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERICAN BATTERY TECHNOLOGY?
The MACD indicator for AMERICAN BATTERY TECHNOLOGY (ABAT) has a value of 0.112806, indicating a bearish trend.