AIRBNB INC-CLASS A (ABNB) Stock Technical Analysis
USA - NASDAQ:ABNB - US0090661010 - Common Stock
123.7 USD
+1.95 (+1.6%)
123.7 USD
0 (0%)
Overall ABNB gets a technical rating of 0 out of 10. ABNB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than ABNB.
In the last month ABNB has a been trading in the 119.76 - 131.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
ABNB has an average volume of 4900220 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 135 other stocks in this industry, ABNB did better than 49% 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.
Although the technical rating is bad, ABNB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 123.52, a Stop Loss order could be placed below this zone.
More info and screens
117.12
158.60
2 important support areas can be observed.
- A support zone ranging from 121.58 to 123.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @118.30 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 124.25 to 125.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 127.54 to 127.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 133.44 to 134.70. 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 140.64 to 142.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @157.03 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 | DOWN | NEGATIVE | The long term trend for ABNB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABNB is down. |
| ChartMill Relative Strength | 21.58 | NEGATIVE | ABNB has a low relative strength, it was outperformed by 78.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABNB is below a declining 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) | 46.55 | NEUTRAL | The RSI value for ABNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ABNB has a positive trend. |
| Stochastics (14,3) | 38.11 | NEUTRAL | The Stochastics value for ABNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.9 | 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)
123.7
+1.95 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.6%
1 Week-2.63%
2 Weeks0.94%
1 Month-5.18%
3 Month-8.04%
6 Month2.49%
12 Month-3.55%
2 Year-9.85%
3 Year17.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.52
ATR(20)%2.21%
ATR Inc-23.47%
Range Today2.26
ADR(20)2.61
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.58
Mansfield-1.51
10 Day High127.85
10 Day Low119.76
20 Day High131.11
20 Day Low119.76
52 Week High163.93
52 Week Low99.88
CS1 End123.52
CR1 Start124.25
Volume & EV
DER(3)-0.25%
DER(5)-0.25%
Volume2.90M
Volume Incr-8.95%
Vol(5)4.36M
Vol(50)4.90M