ACUMEN PHARMACEUTICALS INC (ABOS) Technical Analysis
NASDAQ:ABOS • US00509G2093
Current stock price
ABOS Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ABOS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABOS is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that ABOS is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ABOS over the past year are nicely spread over this period.
- ABOS is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 516 stocks in the same industry.
- ABOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABOS is lagging the market.
- In the last month ABOS has a been trading in the 2.17 - 2.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ABOS Weekly and Daily overview Charts
ABOS Setup Rating and Analysis
Although ABOS has an excellent technical rating, it does not offer a high quality setup 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.
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ABOS Support and Resistance Analysis
2.12
4 important support areas can be observed.
- Support @2.42 from a trend line in the weekly time frame.
- A support zone ranging from 2.33 to 2.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.25 from a horizontal line in the daily time frame.
- Support @2.14 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.78 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.27 to 3.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
ABOS 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 | UP | POSITIVE | The long term trend for ABOS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABOS is neutral. |
| ChartMill Relative Strength | 95.33 | POSITIVE | ABOS has a high relative strength, it outperformed 95.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABOS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABOS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.67 | NEUTRAL | The RSI value for ABOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ABOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.93 | NEUTRAL | The Stochastics value for ABOS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for ABOS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for ABOS suggests a weak or negative trend. |
ABOS Chart- and CandleStick Pattern Analysis
ABOS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ABOS (4/24/2026, 10:23:07 AM)
2.55
-0.12 (-4.49%)
ACUMEN PHARMACEUTICALS INC / ABOS TA FAQ
What is the technical rating for ABOS stock?
ChartMill assigns a technical rating of 9 / 10 to ABOS.
What is the current trend direction of ACUMEN PHARMACEUTICALS INC (ABOS) stock?
The current trend direction for ACUMEN PHARMACEUTICALS INC (ABOS) is Bullish.
What is the RSI signal for ACUMEN PHARMACEUTICALS INC (ABOS) stock?
ACUMEN PHARMACEUTICALS INC (ABOS) has an RSI value of 48.6696. This indicates that the stock is currently neutral.
What is the short term momentum for ACUMEN PHARMACEUTICALS INC (ABOS) stock?
The short term momentum for ACUMEN PHARMACEUTICALS INC (ABOS) is neutral.