ABITS GROUP INC (ABTS) Stock Technical Analysis
NASDAQ:ABTS - Nasdaq - VGG6S34K1136 - Common Stock - Currency: USD
Taking everything into account, ABTS scores 0 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
99% of all other stocks performed better in the past year than ABTS.
ABTS is one of the lesser performing stocks in the Software industry. 87% of 281 stocks in the same industry do better.
ABTS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ABTS has a been trading in the 1.35 - 3.22 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
ABTS has a poor technical rating and the quality of the setup is also only medium 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
2.55
3.18
We can see 2 important resistance areas.
- Resistance @2.95 from a trend line in the daily time frame.
- Resistance @3.15 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.88
Mansfield-6.27
10 Day High3.22
10 Day Low1.75
20 Day High3.22
20 Day Low1.35
52 Week High14.1
52 Week Low1.35
Performance
1 Week0.39%
2 Weeks32.31%
1 Month-4.09%
3 Month-62.93%
6 Month-68.73%
12 Month-77.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)47.41
LBB1.42
UBB3.18
NASDAQ:ABTS (4/30/2025, 8:00:00 PM)
2.58
-0.2 (-7.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.24%
1 Week0.39%
2 Weeks32.31%
1 Month-4.09%
3 Month-62.93%
6 Month-68.73%
12 Month-77.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%17.78%
ATR Inc8.65%
Range Today0.5
ADR(20)0.43
ADR(20)%16.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.88
Mansfield-6.27
10 Day High3.22
10 Day Low1.75
20 Day High3.22
20 Day Low1.35
52 Week High14.1
52 Week Low1.35
CS1 EndN/A
CR1 Start2.95
Volume & EV
DER(3)-5.91%
DER(5)-6%
Volume45.50K
Volume Incr19.09%
Vol(5)26.58K
Vol(50)128.11K