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ABITS GROUP INC (ABTS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ABTS - VGG6S34K1136 - Common Stock

5.79 USD
-0.04 (-0.69%)
Last: 1/9/2026, 8:00:00 PM
Technical Rating and Analysis

1

Overall ABTS gets a technical rating of 1 out of 10. 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.

When comparing the yearly performance of all stocks, ABTS is a bad performer in the overall market: 88% of all stocks are doing better.
ABTS is part of the Software industry. There are 276 other stocks in this industry, of which 61% are performing better than ABTS.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ABTS has an average volume of 17804 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ABTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABTS is lagging the market.
In the last month ABTS has a been trading in the 5.06 - 6.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ABITS GROUP INC / ABTS Weekly stock chart
ABITS GROUP INC / ABTS Daily stock chart
Setup Rating and Analysis

5

ABTS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ABTS 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.
Support and Resistance Analysis

3.50

9.87

6 important support areas can be observed.

  • Support @5.73 from a trend line in the daily time frame.
  • A support zone ranging from 5.14 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.05 from a horizontal line in the daily time frame.
  • Support @4.95 from a trend line in the weekly time frame.
  • Support @4.74 from a trend line in the daily time frame.
  • Support @3.54 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 5.79 to 5.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 6.41 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ABTS is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ABTS is neutral.
ChartMill Relative Strength12.89NEGATIVEABTS has a low relative strength, it was outperformed by 87.11% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ABTS is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ABTS is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ABTS is above the rising SMA(200).
Relative Strength Index/RSI (14)51.88NEUTRALThe RSI value for ABTS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests ABTS has a positive trend.
Stochastics (14,3)74.96NEUTRALThe Stochastics value for ABTS is a neutral value.
Average True Range in percent/ATR (20)6.3HIGH VOLATILITYThe high ATR as a percentage value for ABTS suggests high volalility.
Average Directional Index/ADX (14)13.21NEGATIVEThe low ADX value for ABTS suggests a weak or negative trend.
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)
ABITS GROUP INC / ABTS Daily stock chart

ABITS GROUP INC

NASDAQ:ABTS (1/9/2026, 8:00:00 PM)

5.79

-0.04 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-0.69%
1 Week12.43%
2 Weeks10.29%
1 Month-4.3%
3 Month-30.66%
6 Month-1.53%
12 Month-14.24%
2 Year-64.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%6.3%
ATR Inc15.75%
Range Today0.28
ADR(20)0.33
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.89
3 months CRS9.45
6 months CRS30.38
Mansfield0.07
10 Day High6.05
10 Day Low5.06
20 Day High6.26
20 Day Low5.06
52 Week High10.86
52 Week Low1.35
CS1 End5.73
CR1 Start5.79
Volume & EV
DER(3)7.68%
DER(5)13.45%
Volume2.70K
Volume Incr4.56%
Vol(5)11.12K
Vol(50)17.80K

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 51.875. 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 0.092629, indicating a bearish trend.


What is the support and resistance level for ABTS stock?

ABITS GROUP INC (ABTS) has a support level at 5.73 and a resistance level at 5.79. Check the full technical report for our detailed analysis of ABTS support and resistance levels.