Albioma SA (ABIO.PA) Technical Analysis
EPA:ABIO • FR0000060402
Current stock price
ABIO.PA Technical Rating and Analysis
Taking everything into account, ABIO scores 4 out of 10 in our technical rating. ABIO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ABIO has a been trading in the 47.10 - 50.15 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- ABIO is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 85% of 21 stocks in the same industry.
- ABIO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ABIO is performing more or less in line with the market.
- Looking at the yearly performance, ABIO did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
ABIO.PA Weekly and Daily overview Charts
ABIO.PA Setup Rating and Analysis
ABIO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ABIO.PA Support and Resistance Analysis
46.62
When analyzing the support we notice one important area.
- A support zone ranging from 47.09 to 47.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.18 to 50.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ABIO.PA 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 | UP | POSITIVE | The long term trend for ABIO.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABIO.PA is neutral. |
| ChartMill Relative Strength | 91.93 | POSITIVE | ABIO.PA has a high relative strength, it outperformed 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABIO.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABIO.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABIO.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 7.34 | OVERSOLD | The low RSI value suggests ABIO.PA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ABIO.PA has a negative trend. |
| Stochastics (14,3) | 0.44 | OVERSOLD | The low Stochastics value suggests ABIO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for ABIO.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for ABIO.PA suggests a possible start of a new trend. |
ABIO.PA Chart- and CandleStick Pattern Analysis
ABIO.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ABIO (9/13/2022, 7:00:00 PM)
47.14
+0.04 (+0.08%)
Albioma SA / ABIO.PA TA FAQ
What is the technical rating for ABIO stock?
ChartMill assigns a technical rating of 3 / 10 to ABIO.PA.
What is the trend direction for ABIO stock?
The current trend direction for Albioma SA (ABIO.PA) is Bullish.
Can you provide the RSI signal for Albioma SA?
Albioma SA (ABIO.PA) has an RSI value of 7.33655. This indicates that the stock is currently oversold.
What is the short term momentum for ABIO stock?
The short term momentum for Albioma SA (ABIO.PA) is neutral.
Can you provide the support and resistance levels for Albioma SA?
Albioma SA (ABIO.PA) has a support level at 47.13 and a resistance level at 49.18. Check the full technical report for our detailed analysis of ABIO.PA support and resistance levels.