Taking everything into account, ABNB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ABNB is only an average performer.
Although ABNB has an excellent technical rating, it 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.
110.49
We found 4 important support areas.
2 important resistance areas can be observed.
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 ABNB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABNB is up. |
| ChartMill Relative Strength | 61.63 | NEUTRAL | ABNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABNB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.5 | OVERBOUGHT | The high RSI value suggests ABNB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.49 | POSITIVE | The MACD value suggests ABNB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.04 | OVERBOUGHT | The high Stochastics value suggests ABNB may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 39.23 | POSITIVE | The high ADX value value for ABNB suggests a strong trend. |
136.95
+1.67 (+1.23%)
ChartMill assigns a technical rating of 8 / 10 to ABNB.
The current trend direction for AIRBNB INC-CLASS A (ABNB) is Bullish.
AIRBNB INC-CLASS A (ABNB) has an RSI value of 76.5. This indicates that the stock is currently overbought.
The MACD indicator for AIRBNB INC-CLASS A (ABNB) has a value of 1.48543, indicating a bullish trend.
The buy/sell signal for AIRBNB INC-CLASS A (ABNB) is buy as both the short term and long term trends are positive.