ABLE VIEW GLOBAL INC-B (ABLV) Technical Analysis
NASDAQ:ABLV • KYG1149B1086
Current stock price
ABLV Technical Rating and Analysis
Overall ABLV gets a technical rating of 5 out of 10. ABLV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 85% of all other stocks performed better in the past year than ABLV.
- ABLV 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ABLV is part of the Media industry. There are 90 other stocks in this industry, ABLV did better than 47% of them.
- In the last month ABLV has a been trading in the 0.54 - 0.95 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.
ABLV Weekly and Daily overview Charts
ABLV Setup Rating and Analysis
ABLV has an average technical rating and it also does not offer a high 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
ABLV Support and Resistance Analysis
0.69
When analyzing the support we can see 2 important areas.
- Support @0.74 from a horizontal line in the daily time frame.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.83 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
ABLV 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 | NEUTRAL | NEUTRAL | The long term trend for ABLV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABLV is up. |
| ChartMill Relative Strength | 15.88 | NEGATIVE | ABLV has a low relative strength, it was outperformed by 84.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABLV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABLV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABLV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.49 | NEUTRAL | The RSI value for ABLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABLV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.98 | NEUTRAL | The Stochastics value for ABLV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for ABLV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for ABLV suggests a possible start of a new trend. |
ABLV Chart- and CandleStick Pattern Analysis
ABLV Technicals: Chart, Performance Metrics, Trend & Indicators
0.7687
+0.03 (+3.88%)
ABLE VIEW GLOBAL INC-B / ABLV TA FAQ
What is the ChartMill technical rating of ABLE VIEW GLOBAL INC-B (ABLV) stock?
ChartMill assigns a technical rating of 5 / 10 to ABLV.
What is the trend direction for ABLV stock?
The current trend direction for ABLE VIEW GLOBAL INC-B (ABLV) is Bearish.
What is the RSI signal for ABLV stock?
ABLE VIEW GLOBAL INC-B (ABLV) has an RSI value of 58.486. This indicates that the stock is currently neutral.
What is the short term momentum for ABLV stock?
The short term momentum for ABLE VIEW GLOBAL INC-B (ABLV) is positive.