AIRBNB INC-CLASS A (ABNB) Stock Technical Analysis
USA - NASDAQ:ABNB - US0090661010 - Common Stock
We assign a technical rating of 0 out of 10 to ABNB. 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.
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 120.53, a Stop Loss order could be placed below this zone.
More info and screens
117.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 120.33 to 120.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.30 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 121.67 to 124.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 127.04 to 130.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @156.08 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 | 27.71 | NEGATIVE | ABNB has a low relative strength, it was outperformed by 72.29% 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) | 42.05 | NEUTRAL | The RSI value for ABNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests ABNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.09 | NEUTRAL | The Stochastics value for ABNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for ABNB suggests a possible start of a new trend. |
121.19
-0.5 (-0.41%)
AIRBNB INC-CLASS A / ABNB FAQ
Can you provide the ChartMill technical rating for AIRBNB INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to ABNB.
What is the trend direction for ABNB stock?
The current trend direction for AIRBNB INC-CLASS A (ABNB) is Bearish.
Can you provide the RSI signal for AIRBNB INC-CLASS A?
AIRBNB INC-CLASS A (ABNB) has an RSI value of 42.0526. This indicates that the stock is currently neutral.
What is the MACD signal for ABNB stock?
The MACD indicator for AIRBNB INC-CLASS A (ABNB) has a value of -0.553134, indicating a bearish trend.
What is the buy/sell signal for AIRBNB INC-CLASS A (ABNB) stock?
The buy/sell signal for AIRBNB INC-CLASS A (ABNB) is sell as both the short term and long term trends are negative.