ABLE VIEW GLOBAL INC-B (ABLV) Stock Technical Analysis
NASDAQ:ABLV - Nasdaq - KYG1149B1086 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ABLV. ABLV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
86% of all other stocks performed better in the past year than ABLV.
Warning: ABLV has an average volume of 11566 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ABLV has a been trading in the 0.84 - 1.22 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ABLV is part of the Media industry. There are 97 other stocks in this industry, ABLV did better than 41% of them.
ABLV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABLV is lagging the market.
The technical rating of ABLV is bad and it also does not present a 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
0.87
1.71
When analyzing the support we notice one important area.
- Support @0.88 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.12 from a horizontal line in the daily time frame.
- Resistance @1.25 from a trend line in the weekly time frame.
- Resistance @1.69 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ABLV is neutral. |
| ChartMill Relative Strength | 14.93 | NEGATIVE | ABLV has a low relative strength, it was outperformed by 85.07% 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) | UP | POSITIVE | The current price of ABLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.62 | 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) | 64.05 | NEUTRAL | The Stochastics value for ABLV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for ABLV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for ABLV 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)
1.09
+0.02 (+1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.86%
1 Week2.83%
2 Weeks25.71%
1 Month3.81%
3 Month-14.17%
6 Month0%
12 Month-7.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.64%
ATR Inc55.18%
Range Today0.16
ADR(20)0.08
ADR(20)%7.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.93
Mansfield-0.44
10 Day High1.22
10 Day Low0.85
20 Day High1.22
20 Day Low0.84
52 Week High1.9
52 Week Low0.55
CS1 End0.88
CR1 Start1.1
Volume & EV
DER(3)-20.47%
DER(5)-16.51%
Volume14.40K
Volume Incr21.66%
Vol(5)15.14K
Vol(50)11.57K