ABEONA THERAPEUTICS INC (ABEO)

US00289Y2063 - Common Stock

3.44  +0.18 (+5.52%)

After market: 3.45 +0.01 (+0.29%)

Technical Rating and Analysis

0

Overall ABEO gets a technical rating of 0 out of 10. ABEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, ABEO is a bad performer in the overall market: 77% of all stocks are doing better.
ABEO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABEO is lagging the market.
In the last month ABEO has a been trading in the 3.05 - 8.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ABEO is an average performer in the Biotechnology industry, it outperforms 56% of 588 stocks in the same industry.
Weekly and Daily overview Charts
ABEO Weekly chart
ABEO Daily chart
Setup Rating and Analysis

3

The technical rating of ABEO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

3.13

3.47

2 important support areas can be observed.

  • Support @3.25 from a horizontal line in the weekly time frame.
  • A support zone ranging from 3.16 to 3.17. This zone is formed by a combination of multiple trend lines in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.08
Mansfield-3.46
10 Day High8.45
10 Day Low3.05
20 Day High8.45
20 Day Low3.05
52 Week High9.01
52 Week Low2.83
Performance
1 Week-53.26%
2 Weeks-54.97%
1 Month-55.44%
3 Month-22.17%
6 Month-23.39%
12 Month4.88%
2 Year-33.37%
3 Year-92.23%
5 Year-98.21%
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)-0.52
RSI(14)23.5
LBB1.92
UBB10.22
ABEO Daily chart

ABEONA THERAPEUTICS INC

NASDAQ:ABEO (4/29/2024, 7:00:00 PM)

After market: 3.45 +0.01 (+0.29%)

3.44

+0.18 (+5.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.52%
1 Week-53.26%
2 Weeks-54.97%
1 Month-55.44%
3 Month-22.17%
6 Month-23.39%
12 Month4.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.69
ATR(20)%18.57%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.45
10 Day Low3.05
20 Day High8.45
20 Day Low3.05
52 Week High9.01
52 Week Low2.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.10M
Volume Incr798.52%
Vol(5)2.43M
Vol(50)580.49K