ACUMEN PHARMACEUTICALS INC (ABOS) Stock Technical Analysis
NASDAQ:ABOS - US00509G2093 - Common Stock
1.405 USD
-0.05 (-3.77%)
We assign a technical rating of 7 out of 10 to ABOS. Although ABOS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ABOS is a bad performer in the overall market: 73% of all stocks are doing better.
ABOS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are positive. This is a very positive sign.
ABOS is part of the Biotechnology industry. There are 547 other stocks in this industry, ABOS did better than 55% of them.
In the last month ABOS has a been trading in the 1.19 - 1.60 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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.25
1.69
We found 4 important support areas.
- A support zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.35 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.32 from a trend line in the daily time frame.
- Support @1.26 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.54 from a horizontal line in the daily time frame.
- Resistance @1.58 from a horizontal line in the weekly time frame.
- Resistance @1.64 from a trend line in the daily time frame.
- Resistance @1.67 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 | UP | POSITIVE | The long term trend for ABOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABOS is up. |
| ChartMill Relative Strength | 27.5 | NEGATIVE | ABOS has a low relative strength, it was outperformed by 72.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for ABOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for ABOS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for ABOS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.02 | NEGATIVE | The low ADX value for ABOS suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.55 | 1.39 | 0.16 (10.32%) | 9.69% |
| An entry @1.55. This is a Buy Stop order right above the resistance zone. | An exit @1.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 10.32%. | For a 1.00% total portfolio risk, you can invest 9.69% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABOS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ABOS (8/27/2025, 1:57:06 PM)
1.405
-0.05 (-3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.77%
1 Week5.8%
2 Weeks15.87%
1 Month5.8%
3 Month43.14%
6 Month14.06%
12 Month-46.72%
2 Year-75.75%
3 Year-74.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.4%
ATR Inc-26.8%
Range Today0.04
ADR(20)0.11
ADR(20)%7.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.5
Mansfield-2
10 Day High1.6
10 Day Low1.24
20 Day High1.6
20 Day Low1.19
52 Week High3.36
52 Week Low0.86
CS1 End1.42
CR1 Start1.54
Volume & EV
DER(3)-5.75%
DER(5)-3.7%
Volume262.65K
Volume Incr5.49%
Vol(5)297.24K
Vol(50)513.28K