Albioma SA (ABIO.PA) Stock Technical Analysis
Europe - EPA:ABIO - FR0000060402 - Common Stock
We assign a technical rating of 4 out of 10 to ABIO. 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.
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
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.
We found 1 important resistance 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. |
EPA:ABIO (9/13/2022, 7:00:00 PM)
47.14
+0.04 (+0.08%)
Albioma SA / ABIO.PA FAQ
What is the technical rating for ABIO stock?
ChartMill assigns a technical rating of 3 / 10 to ABIO.PA.
What is the current trend direction of Albioma SA (ABIO.PA) 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 MACD signal for Albioma SA (ABIO.PA) stock?
The MACD indicator for Albioma SA (ABIO.PA) has a value of -0.295628, indicating a bearish trend.
What are the support and resistance levels for Albioma SA (ABIO.PA) stock?
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.