Overall ABP gets a technical rating of 2 out of 10. ABP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ABP does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ABP 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
4.90
3 important support areas can be observed.
- Support @5.51 from a trend line in the daily time frame.
- A support zone ranging from 5.26 to 5.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.95 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.22 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.52 to 6.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.92 from a trend line in the daily time frame.
- Resistance @9.93 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 | DOWN | NEGATIVE | The long term trend for ABP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABP is neutral. |
| ChartMill Relative Strength | 4.59 | NEGATIVE | ABP has a low relative strength, it was outperformed by 95.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.86 | NEUTRAL | The RSI value for ABP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ABP has a negative trend. |
| Stochastics (14,3) | 36.1 | NEUTRAL | The Stochastics value for ABP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.34 | HIGH VOLATILITY | The high ATR as a percentage value for ABP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for ABP suggests a weak or negative trend. |
5.81
-0.56 (-8.79%)
ABPRO HOLDINGS INC / ABP FAQ
What is the technical rating for ABP stock?
ChartMill assigns a technical rating of 2 / 10 to ABP.
What is the trend direction for ABP stock?
The current trend direction for ABPRO HOLDINGS INC (ABP) is Bearish.
What is the RSI signal for ABPRO HOLDINGS INC (ABP) stock?
ABPRO HOLDINGS INC (ABP) has an RSI value of 44.8559. This indicates that the stock is currently neutral.
What is the MACD signal for ABP stock?
The MACD indicator for ABPRO HOLDINGS INC (ABP) has a value of -0.0567285, indicating a bearish trend.
What are the support and resistance levels for ABPRO HOLDINGS INC (ABP) stock?
ABPRO HOLDINGS INC (ABP) has a support level at 5.51 and a resistance level at 6.22. Check the full technical report for our detailed analysis of ABP support and resistance levels.