ABLE VIEW GLOBAL INC-B (ABLV) Stock Technical Analysis
NASDAQ:ABLV - KYG1149B1086 - Common Stock
0.9081 USD
-0.32 (-26.17%)
0.91 USD
+0 (+0.21%)
We assign a technical rating of 1 out of 10 to ABLV. ABLV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ABLV is a bad performer in the overall market: 91% of all stocks are doing better.
ABLV is one of the lesser performing stocks in the Media industry. 64% of 99 stocks in the same industry do better.
In the last month ABLV has a been trading in the 0.77 - 1.77 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ABLV has an average volume of 19537 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Volume is considerably higher in the last couple of days.
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
0.81
1.71
2 important support areas can be observed.
- A support zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.82 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.91 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.08 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 | 9.53 | NEGATIVE | ABLV has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABLV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABLV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ABLV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.95 | 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) | 52.22 | NEUTRAL | The Stochastics value for ABLV is a neutral value. |
| Average True Range in percent/ATR (20) | 12.39 | HIGH VOLATILITY | The high ATR as a percentage value for ABLV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | 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)
0.9081
-0.32 (-26.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-26.17%
1 Week5.58%
2 Weeks6.81%
1 Month-0.21%
3 Month-18.56%
6 Month-10.97%
12 Month-22.38%
2 Year-73.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%12.39%
ATR Inc1098.74%
Range Today0.23
ADR(20)0.09
ADR(20)%10.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.53
Mansfield-1.66
10 Day High1.77
10 Day Low0.79
20 Day High1.77
20 Day Low0.77
52 Week High1.77
52 Week Low0.55
CS1 End0.86
CR1 Start0.91
Volume & EV
DER(3)4.53%
DER(5)3.83%
Volume60.90K
Volume Incr2011.2%
Vol(5)110.10K
Vol(50)19.54K