NASDAQ:ABEO • US00289Y2063
We assign a technical rating of 1 out of 10 to ABEO. ABEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ABEO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
4.32
3 important support areas can be observed.
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ABEO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABEO is neutral. |
| ChartMill Relative Strength | 31.21 | NEUTRAL | ABEO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABEO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.67 | NEUTRAL | The RSI value for ABEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ABEO has a negative trend. |
| Stochastics (14,3) | 43.31 | NEUTRAL | The Stochastics value for ABEO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for ABEO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for ABEO suggests a weak or negative trend. |
4.99
-0.07 (-1.38%)
ChartMill assigns a technical rating of 1 / 10 to ABEO.
The current trend direction for ABEONA THERAPEUTICS INC (ABEO) is Bearish.
ABEONA THERAPEUTICS INC (ABEO) has an RSI value of 45.6689. This indicates that the stock is currently neutral.
ABEONA THERAPEUTICS INC (ABEO) has a support level at 4.98 and a resistance level at 4.99. Check the full technical report for our detailed analysis of ABEO support and resistance levels.