ABEONA THERAPEUTICS INC (ABEO) Technical Analysis
NASDAQ:ABEO • US00289Y2063
Current stock price
4.76 USD
-0.06 (-1.24%)
At close:
4.781 USD
+0.02 (+0.44%)
After Hours:
ABEO Technical Rating and Analysis
Taking everything into account, ABEO scores 0 out of 10 in our technical rating. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ABEO is a bad performer in the overall market: 72% 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.
- ABEO has an average volume of 1230820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ABEO is part of the Biotechnology industry. There are 517 other stocks in this industry, ABEO did better than 42% of them.
- In the last month ABEO has a been trading in the 4.23 - 5.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABEO Weekly and Daily overview Charts
ABEO Setup Rating and Analysis
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.
More info and screens
ABEO Support and Resistance Analysis
4.12
5.60
2 important support areas can be observed.
- Support @4.73 from a trend line in the weekly time frame.
- A support zone ranging from 4.16 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.86 to 4.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.09 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.27 to 5.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 5.41 to 5.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
ABEO Technical Indicator Signal Analysis
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 | 28.77 | NEGATIVE | ABEO has a low relative strength, it was outperformed by 71.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABEO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABEO is below a declining 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) | 51.98 | NEUTRAL | The RSI value for ABEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ABEO has a positive trend. |
| Stochastics (14,3) | 64.85 | NEUTRAL | The Stochastics value for ABEO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ABEO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for ABEO suggests a possible start of a new trend. |
ABEO Chart- and CandleStick Pattern Analysis
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)
ABEO Technicals: Chart, Performance Metrics, Trend & Indicators
4.76
-0.06 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.24%
1 Week10.96%
2 Weeks6.97%
1 Month-1.86%
3 Month-8.29%
6 Month-11.19%
12 Month3.48%
2 Year14.98%
3 Year55.05%
5 Year-89.24%
10 Year-93%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%4.99%
ATR Inc31.51%
Range Today0.23
ADR(20)0.22
ADR(20)%4.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.77
3 months CRS32.35
6 months CRS27.39
Mansfield-1.63
10 Day High4.95
10 Day Low4.23
20 Day High5.32
20 Day Low4.23
52 Week High7.54
52 Week Low4
CS1 End4.73
CR1 Start4.86
Volume & EV
DER(3)7.72%
DER(5)5.1%
Volume1.00M
Volume Incr-40.62%
Vol(5)917.86K
Vol(50)1.23M
ABEONA THERAPEUTICS INC / ABEO TA FAQ
Can you provide the ChartMill technical rating for ABEONA THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to ABEO.
Can you provide the trend direction for ABEONA THERAPEUTICS INC?
The current trend direction for ABEONA THERAPEUTICS INC (ABEO) is Bearish.
What is the RSI signal for ABEO stock?
ABEONA THERAPEUTICS INC (ABEO) has an RSI value of 51.9829. This indicates that the stock is currently neutral.
What is the short term momentum for ABEONA THERAPEUTICS INC (ABEO) stock?
The short term momentum for ABEONA THERAPEUTICS INC (ABEO) is neutral.