We assign a technical rating of 1 out of 10 to ABTS. ABTS 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 technical rating of ABTS 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.
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3.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.05 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.95 from a trend line in the weekly time frame.
- Support @4.68 from a trend line in the daily time frame.
- Support @3.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.41 to 6.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.77 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 | NEUTRAL | NEUTRAL | The long term trend for ABTS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABTS is neutral. |
| ChartMill Relative Strength | 13.05 | NEGATIVE | ABTS has a low relative strength, it was outperformed by 86.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABTS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.57 | NEUTRAL | The RSI value for ABTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABTS has a positive trend. |
| Stochastics (14,3) | 27.91 | NEUTRAL | The Stochastics value for ABTS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for ABTS suggests high volalility. |
| Average Directional Index/ADX (14) | 9.16 | NEGATIVE | The low ADX value for ABTS suggests a weak or negative trend. |
NASDAQ:ABTS (1/5/2026, 8:05:29 PM)
5.74
+0.59 (+11.46%)
ABITS GROUP INC / ABTS FAQ
What is the ChartMill technical rating of ABITS GROUP INC (ABTS) stock?
ChartMill assigns a technical rating of 1 / 10 to ABTS.
What is the current trend direction of ABITS GROUP INC (ABTS) stock?
The current trend direction for ABITS GROUP INC (ABTS) is Bearish.
Can you provide the RSI signal for ABITS GROUP INC?
ABITS GROUP INC (ABTS) has an RSI value of 51.5685. This indicates that the stock is currently neutral.
What is the MACD signal for ABITS GROUP INC (ABTS) stock?
The MACD indicator for ABITS GROUP INC (ABTS) has a value of 0.0237913, indicating a bearish trend.
What is the support and resistance level for ABTS stock?
ABITS GROUP INC (ABTS) has a support level at 5.15 and a resistance level at 6.41. Check the full technical report for our detailed analysis of ABTS support and resistance levels.