ABPRO HOLDINGS INC (ABP) Technical Analysis
NASDAQ:ABP • US0008472021
Current stock price
0.522 USD
-0.28 (-34.76%)
At close:
0.28 USD
-0.24 (-46.36%)
After Hours:
ABP Technical Rating and Analysis
Taking everything into account, ABP scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ABP is a bad performer in the overall market: 100% of all stocks are doing better.
- ABP is one of the lesser performing stocks in the Biotechnology industry. 92% of 519 stocks in the same industry do better.
- ABP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ABP is lagging the market.
- In the last month ABP has a been trading in the 0.52 - 2.97 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.
- ABP has an average volume of 2034730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABP Weekly and Daily overview Charts
ABP Setup Rating and Analysis
The technical rating of ABP 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
ABP Support and Resistance Analysis
ABP 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 | DOWN | NEGATIVE | The long term trend for ABP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABP is down. |
| ChartMill Relative Strength | 0.26 | NEGATIVE | ABP has a low relative strength, it was outperformed by 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABP is below a declining 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) | 22.04 | OVERSOLD | The low RSI value suggests ABP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ABP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.34 | OVERSOLD | The low Stochastics value suggests ABP may be oversold. |
| Average True Range in percent/ATR (20) | 73.06 | HIGH VOLATILITY | The high ATR as a percentage value for ABP suggests high volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for ABP suggests a possible start of a new trend. |
ABP Chart- and CandleStick Pattern Analysis
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)
ABP Technicals: Chart, Performance Metrics, Trend & Indicators
0.522
-0.28 (-34.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-34.76%
1 Week-37.03%
2 Weeks-65.2%
1 Month-82.02%
3 Month-92.59%
6 Month-93.01%
12 Month-97.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%73.06%
ATR Inc-15.12%
Range Today0.26
ADR(20)0.35
ADR(20)%66.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.26
3 months CRS0.31
6 months CRS0.68
Mansfield-9.32
10 Day High2.89
10 Day Low0.52
20 Day High2.97
20 Day Low0.52
52 Week High27.9
52 Week Low0.52
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.07%
DER(5)-8.75%
Volume3.26M
Volume Incr-67.91%
Vol(5)1.51M
Vol(50)2.03M
ABPRO HOLDINGS INC / ABP TA FAQ
What is the technical rating for ABP stock?
ChartMill assigns a technical rating of 0 / 10 to ABP.
What is the current trend direction of ABPRO HOLDINGS INC (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 22.0386. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ABPRO HOLDINGS INC?
The short term momentum for ABPRO HOLDINGS INC (ABP) is negative.