Albioma SA (ABIO.PA) Stock Technical Analysis
EPA:ABIO - Euronext Paris - Matif - FR0000060402 - Common Stock - Currency: EUR
Overall ABIO gets a technical rating of 4 out of 10. In the last year, ABIO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ABIO is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 85% of 22 stocks in the same industry.
ABIO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABIO is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ABIO is one of the better performing stocks in the market, outperforming 91% of all 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 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
46.62
51.22
We found 1 important support 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.
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. |
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)
EPA:ABIO (9/13/2022, 7:00:00 PM)
47.14
+0.04 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.08%
1 Week-5.72%
2 Weeks-5.91%
1 Month-5.72%
3 Month-4.3%
6 Month2.48%
12 Month31.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.54%
ATR Inc2000%
Range Today0.66
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield2.19
10 Day High50.1
10 Day Low47.1
20 Day High50.15
20 Day Low47.1
52 Week High50.85
52 Week Low29.22
CS1 End47.13
CR1 Start49.18
Volume & EV
DER(3)-0.82%
DER(5)-0.55%
Volume11.13K
Volume Incr32.49%
Vol(5)33.82K
Vol(50)70.60K