ABITS GROUP INC (ABTS) Stock Technical Analysis
NASDAQ:ABTS - Nasdaq - VGG6S34K1136 - Common Stock - Currency: USD
Overall ABTS gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ABTS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ABTS is a bad performer in the overall market: 93% of all stocks are doing better.
ABTS is one of the lesser performing stocks in the Software industry. 82% of 283 stocks in the same industry do better.
ABTS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABTS is lagging the market.
In the last month ABTS has a been trading in the 2.21 - 9.40 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ABTS has an average technical rating and the quality of the presented setup is also not ideal 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
2.60
8.52
We found 1 important support area.
- Support @2.63 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.18 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.26 from a trend line in the daily time frame.
- Resistance @8.44 from a horizontal 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
CRS7.04
Mansfield-4.04
10 Day High9.4
10 Day Low2.28
20 Day High9.4
20 Day Low2.21
52 Week High14.1
52 Week Low1.35
Performance
1 Week27.74%
2 Weeks68.27%
1 Month86.22%
3 Month-32.04%
6 Month-55.66%
12 Month-57.03%
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)0.1
RSI(14)54.85
LBB0.6
UBB6.48
NASDAQ:ABTS (5/21/2025, 10:29:17 AM)
3.96
-0.23 (-5.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.49%
1 Week27.74%
2 Weeks68.27%
1 Month86.22%
3 Month-32.04%
6 Month-55.66%
12 Month-57.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%26.85%
ATR Inc-42.29%
Range Today0.41
ADR(20)0.9
ADR(20)%22.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.04
Mansfield-4.04
10 Day High9.4
10 Day Low2.28
20 Day High9.4
20 Day Low2.21
52 Week High14.1
52 Week Low1.35
CS1 End2.63
CR1 Start8.26
Volume & EV
DER(3)16.42%
DER(5)11.69%
Volume15.97K
Volume Incr-67.48%
Vol(5)125.52K
Vol(50)176.99K