AIRBNB INC-CLASS A (ABNB) Technical Analysis
NASDAQ:ABNB • US0090661010
Current stock price
ABNB Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ABNB. In the last year, ABNB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- ABNB has an average volume of 4633800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, ABNB outperforms 42% of them, which is more or less in line with the market.
- ABNB is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 56% of 126 stocks in the same industry.
- 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.
- In the last month ABNB has a been trading in the 121.51 - 134.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABNB Weekly and Daily overview Charts
ABNB Setup Rating and Analysis
Although the technical rating is only medium, ABNB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 133.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 128.31, a Stop Loss order could be placed below this zone.
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ABNB Support and Resistance Analysis
113.12
3 important support areas can be observed.
- A support zone ranging from 124.94 to 128.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.87 to 119.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.26 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 133.14 to 133.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @136.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 139.28 to 140.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
ABNB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ABNB is neutral. |
| ChartMill Relative Strength | 42.83 | 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) | DOWN | MIXED | The current price of ABNB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ABNB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.73 | NEUTRAL | The RSI value for ABNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ABNB has a positive trend. |
| Stochastics (14,3) | 62.54 | NEUTRAL | The Stochastics value for ABNB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for ABNB suggests a weak or negative trend. |
ABNB Chart- and CandleStick Pattern Analysis
ABNB Technicals: Chart, Performance Metrics, Trend & Indicators
128.96
-0.2 (-0.15%)
AIRBNB INC-CLASS A / ABNB TA FAQ
What is the ChartMill technical rating of AIRBNB INC-CLASS A (ABNB) stock?
ChartMill assigns a technical rating of 4 / 10 to ABNB.
Can you provide the trend direction for AIRBNB INC-CLASS A?
The current trend direction for AIRBNB INC-CLASS A (ABNB) is Bearish.
What is the RSI signal for ABNB stock?
AIRBNB INC-CLASS A (ABNB) has an RSI value of 50.7288. This indicates that the stock is currently neutral.
What is the support and resistance level for ABNB stock?
AIRBNB INC-CLASS A (ABNB) has a support level at 128.31 and a resistance level at 133.14. Check the full technical report for our detailed analysis of ABNB support and resistance levels.