1.81 USD
-0.05 (-2.69%)
1.76 USD
-0.05 (-2.76%)
Overall ABOS gets a technical rating of 1 out of 10. ABOS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ABOS is a bad performer in the overall market: 73% of all stocks are doing better.
In the last month ABOS has a been trading in the 1.70 - 2.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ABOS is part of the Biotechnology industry. There are 528 other stocks in this industry, ABOS did better than 50% of them.
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.
The technical rating of ABOS is bad and it also does not present a 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.
More info and screens
1.49
2.35
3 important support areas can be observed.
- Support @1.79 from a trend line in the daily time frame.
- A support zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.51 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.81 to 1.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 1.95 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.05 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.33 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ABOS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABOS is down. |
| ChartMill Relative Strength | 27.15 | NEGATIVE | ABOS has a low relative strength, it was outperformed by 72.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABOS is below a declining 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) | 40.38 | NEUTRAL | The RSI value for ABOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ABOS has a negative trend. |
| Stochastics (14,3) | 18.4 | OVERSOLD | The low Stochastics value suggests ABOS may be oversold. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for ABOS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for ABOS suggests a possible start of a new trend. |
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)
1.81
-0.05 (-2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.69%
1 Week-10.4%
2 Weeks-16.2%
1 Month-4.74%
3 Month-15.42%
6 Month29.29%
12 Month9.7%
2 Year-43.08%
3 Year-72.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.45%
ATR Inc51.73%
Range Today0.15
ADR(20)0.15
ADR(20)%8.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.15
3 months CRS16.65
6 months CRS86.24
Mansfield1.13
10 Day High2.17
10 Day Low1.7
20 Day High2.39
20 Day Low1.7
52 Week High2.46
52 Week Low0.86
CS1 End1.79
CR1 Start1.81
Volume & EV
DER(3)-12.16%
DER(5)-11.48%
Volume284.50K
Volume Incr71.72%
Vol(5)288.28K
Vol(50)183.16K
ACUMEN PHARMACEUTICALS INC / ABOS FAQ
What is the technical rating for ABOS stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for ABOS stock?
ACUMEN PHARMACEUTICALS INC (ABOS) has an RSI value of 40.3842. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACUMEN PHARMACEUTICALS INC?
The MACD indicator for ACUMEN PHARMACEUTICALS INC (ABOS) has a value of -0.0367881, indicating a bearish trend.