ACUMEN PHARMACEUTICALS INC (ABOS) Stock Technical Analysis
NASDAQ:ABOS - Nasdaq - US00509G2093 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ABOS. ABOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than ABOS.
ABOS is part of the Biotechnology industry. There are 566 other stocks in this industry, of which 66% are performing better than ABOS.
ABOS is currently trading near the lower end of its 52 week range, which is not a good sign. ABOS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ABOS has a been trading in the 0.86 - 1.17 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, ABOS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.12. Right above this resistance zone may be a good entry point.
More info and screens
1.07
1.77
2 important resistance areas can be observed.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.89
Mansfield-5.07
10 Day High1.16
10 Day Low0.86
20 Day High1.17
20 Day Low0.86
52 Week High3.92
52 Week Low0.86
Performance
1 Week-2.73%
2 Weeks9.18%
1 Month-0.93%
3 Month-28.67%
6 Month-62.39%
12 Month-69.34%
2 Year-78.3%
3 Year-69.77%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)48.71
LBB0.93
UBB1.17
NASDAQ:ABOS (5/2/2025, 2:50:55 PM)
1.08
+0.01 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.93%
1 Week-2.73%
2 Weeks9.18%
1 Month-0.93%
3 Month-28.67%
6 Month-62.39%
12 Month-69.34%
2 Year-78.3%
3 Year-69.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%11.26%
ATR Inc5.57%
Range Today0.08
ADR(20)0.12
ADR(20)%10.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.89
Mansfield-5.07
10 Day High1.16
10 Day Low0.86
20 Day High1.17
20 Day Low0.86
52 Week High3.92
52 Week Low0.86
CS1 EndN/A
CR1 Start1.12
Volume & EV
DER(3)-0.81%
DER(5)-0.85%
Volume94.36K
Volume Incr-37.64%
Vol(5)175.86K
Vol(50)233.95K