4.87 USD
0 (0%)
4.87 USD
0 (0%)
Overall ABEO gets a technical rating of 1 out of 10. 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.
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: 87% of all stocks are doing better.
ABEO is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 65% are performing better than ABEO.
ABEO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ABEO has an average volume of 1820120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ABEO has a been trading in the 4.00 - 5.60 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.
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
4.12
7.02
2 important support areas can be observed.
- Support @4.68 from a trend line in the daily time frame.
- A support zone ranging from 4.16 to 4.25. 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 4.96 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.15 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.49 from a horizontal line in the weekly time frame.
- Resistance @6.95 from a trend line in the weekly 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 | 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 | 13.04 | NEGATIVE | ABEO has a low relative strength, it was outperformed by 86.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABEO is above the rising 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) | 51.91 | NEUTRAL | The RSI value for ABEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ABEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.68 | NEUTRAL | The Stochastics value for ABEO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for ABEO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for ABEO 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)
4.87
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-3.94%
2 Weeks15.4%
1 Month16.23%
3 Month-29.32%
6 Month-27.74%
12 Month-19.24%
2 Year-2.79%
3 Year58.12%
5 Year-87.59%
10 Year-94.2%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%6.49%
ATR Inc-38.02%
Range Today0.11
ADR(20)0.29
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.04
3 months CRS8.09
6 months CRS10.45
Mansfield-2.35
10 Day High5.17
10 Day Low4.19
20 Day High5.6
20 Day Low4
52 Week High7.54
52 Week Low3.93
CS1 End4.68
CR1 Start4.96
Volume & EV
DER(3)4.4%
DER(5)2.73%
Volume646.30K
Volume Incr-60.03%
Vol(5)1.10M
Vol(50)1.82M
ABEONA THERAPEUTICS INC / ABEO FAQ
Can you provide the ChartMill technical rating for ABEONA THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 10 to ABEO.
What is the trend direction for ABEO stock?
The current trend direction for ABEONA THERAPEUTICS INC (ABEO) is Bearish.
Can you provide the RSI signal for ABEONA THERAPEUTICS INC?
ABEONA THERAPEUTICS INC (ABEO) has an RSI value of 51.9132. This indicates that the stock is currently neutral.
What is the support and resistance level for ABEO stock?
ABEONA THERAPEUTICS INC (ABEO) has a support level at 4.68 and a resistance level at 4.96. Check the full technical report for our detailed analysis of ABEO support and resistance levels.