AIRBNB INC-CLASS A (ABNB) Stock Technical Analysis
USA - NASDAQ:ABNB - US0090661010 - Common Stock
127.5 USD
-1.06 (-0.82%)
127.287 USD
-0.21 (-0.17%)
We assign a technical rating of 4 out of 10 to ABNB. In the past year, ABNB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
78% of all other stocks performed better in the past year than ABNB.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ABNB has a been trading in the 116.32 - 129.50 range, which is quite wide. It is currently trading near the high of this range.
ABNB has an average volume of 4562690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABNB is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, ABNB did better than 52% of them.
ABNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABNB is lagging the market.
ABNB has an average technical rating and also the quality of the setup is only medium 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
117.01
158.05
We found 2 important support areas.
- A support zone ranging from 122.52 to 125.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.19 to 118.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @127.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 129.94 to 131.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @138.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 141.32 to 142.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @156.49 from a trend 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 ABNB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABNB is up. |
| ChartMill Relative Strength | 22.15 | NEGATIVE | ABNB has a low relative strength, it was outperformed by 77.85% off all stocks 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) | DOWN | NEGATIVE | The current price of ABNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.2 | NEUTRAL | The RSI value for ABNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests ABNB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.03 | OVERBOUGHT | The high Stochastics value suggests ABNB may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for ABNB suggests a weak or negative 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)
127.5
-1.06 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.82%
1 Week2.61%
2 Weeks6.26%
1 Month3.59%
3 Month-9.77%
6 Month4.07%
12 Month-5.26%
2 Year7.79%
3 Year19.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.05
ATR(20)%2.18%
ATR Inc-26.39%
Range Today1.65
ADR(20)2.77
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.15
3 months CRS17.85
6 months CRS36.77
Mansfield-1.18
10 Day High129.5
10 Day Low116.32
20 Day High129.5
20 Day Low116.32
52 Week High163.93
52 Week Low99.88
CS1 End125.8
CR1 Start127.6
Volume & EV
DER(3)-1.07%
DER(5)-0.35%
Volume3.29M
Volume Incr-14.17%
Vol(5)4.07M
Vol(50)4.56M