AIRBNB INC-CLASS A (ABNB) Technical Analysis
NASDAQ:ABNB • US0090661010
Current stock price
ABNB Technical Rating and Analysis
Overall ABNB gets a technical rating of 4 out of 10. ABNB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- ABNB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ABNB is performing more or less in line with the market.
- In the last month ABNB has a been trading in the 119.94 - 139.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ABNB has an average volume of 4831690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, ABNB turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- ABNB is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 57% of 126 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
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. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 131.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ABNB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ABNB Support and Resistance Analysis
113.12
We found 3 important support areas.
- A support zone ranging from 129.39 to 131.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @124.30 from a trend line in the weekly time frame.
- A support zone ranging from 114.26 to 118.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @134.56 from a trend line in the weekly time frame.
- 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 | 41.09 | 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) | UP | POSITIVE | The current price of ABNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.08 | NEUTRAL | The RSI value for ABNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests ABNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.03 | NEUTRAL | The Stochastics value for ABNB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ABNB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.3 | 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
131.95
+3.63 (+2.83%)
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.
Can you provide the RSI signal for AIRBNB INC-CLASS A?
AIRBNB INC-CLASS A (ABNB) has an RSI value of 53.0786. This indicates that the stock is currently neutral.
What is the MACD signal for AIRBNB INC-CLASS A (ABNB) stock?
The MACD indicator for AIRBNB INC-CLASS A (ABNB) has a value of -0.353565, indicating a bearish trend.
Can you provide the support and resistance levels for AIRBNB INC-CLASS A?
AIRBNB INC-CLASS A (ABNB) has a support level at 131.88 and a resistance level at 134.56. Check the full technical report for our detailed analysis of ABNB support and resistance levels.