ABEONA THERAPEUTICS INC (ABEO) Stock Technical Analysis
NASDAQ:ABEO - Nasdaq - US00289Y2063 - Common Stock - Currency: USD
Overall ABEO gets a technical rating of 10 out of 10. In the last year, ABEO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ABEO is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ABEO over the past year are nicely spread over this period.
ABEO is part of the Biotechnology industry. There are 566 other stocks in this industry. ABEO outperforms 93% of them.
ABEO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ABEO slightly outperforms the market at the moment.
In the last month ABEO has a been trading in the 3.93 - 7.32 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABEO has an average volume of 1396520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABEO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.61
6.94
When analyzing the support we can see 3 important areas.
- Support @4.62 from a trend line in the weekly time frame.
- Support @4.42 from a horizontal line in the weekly time frame.
- Support @3.65 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.29
Mansfield2.94
10 Day High7.32
10 Day Low4.66
20 Day High7.32
20 Day Low3.93
52 Week High7.32
52 Week Low3.93
Performance
1 Week27.46%
2 Weeks41.65%
1 Month46.79%
3 Month24.01%
6 Month9.92%
12 Month49.35%
2 Year122.33%
3 Year63.28%
5 Year-91.7%
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)0.22
RSI(14)78.14
LBB4.07
UBB6.55
NASDAQ:ABEO (5/2/2025, 10:35:09 AM)
6.875
+0 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.07%
1 Week27.46%
2 Weeks41.65%
1 Month46.79%
3 Month24.01%
6 Month9.92%
12 Month49.35%
2 Year122.33%
3 Year63.28%
5 Year-91.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%7.59%
ATR Inc233.99%
Range Today0.1
ADR(20)0.52
ADR(20)%7.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.29
Mansfield2.94
10 Day High7.32
10 Day Low4.66
20 Day High7.32
20 Day Low3.93
52 Week High7.32
52 Week Low3.93
CS1 End4.62
CR1 StartN/A
Volume & EV
DER(3)3.87%
DER(5)-1.13%
Volume441.86K
Volume Incr704.46%
Vol(5)8.01M
Vol(50)1.40M