ABITS GROUP INC (ABTS) Technical Analysis
NASDAQ:ABTS • VGG6S34K1136
Current stock price
ABTS Technical Rating and Analysis
Overall ABTS gets a technical rating of 0 out of 10. ABTS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ABTS is a bad performer in the overall market: 92% of all stocks are doing better.
- ABTS is one of the lesser performing stocks in the Software industry. 67% of 277 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 2.00 - 5.50 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ABTS Weekly and Daily overview Charts
ABTS Setup Rating and Analysis
Although the technical rating is bad, ABTS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.78. Right above this resistance zone may be a good entry point. 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.
More info and screens
ABTS Support and Resistance Analysis
2.51
We found 2 important support areas.
- Support @2.60 from a trend line in the weekly time frame.
- Support @2.54 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.78 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.92 from a horizontal line in the daily time frame.
- Resistance @3.10 from a trend line in the daily time frame.
ABTS 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 ABTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABTS is down. |
| ChartMill Relative Strength | 8.53 | NEGATIVE | ABTS has a low relative strength, it was outperformed by 91.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABTS is below 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) | DOWN | NEGATIVE | The current price of ABTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.77 | NEUTRAL | The RSI value for ABTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ABTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.62 | NEUTRAL | The Stochastics value for ABTS is a neutral value. |
| Average True Range in percent/ATR (20) | 19.33 | HIGH VOLATILITY | The high ATR as a percentage value for ABTS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for ABTS suggests a strong trend. |
ABTS Chart- and CandleStick Pattern Analysis
ABTS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ABTS (3/17/2026, 4:30:00 PM)
2.71
+0.01 (+0.37%)
ABITS GROUP INC / ABTS TA FAQ
What is the ChartMill technical rating of ABITS GROUP INC (ABTS) stock?
ChartMill assigns a technical rating of 0 / 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 41.765. 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 0.0928482, indicating a bearish trend.
What is the support and resistance level for ABTS stock?
ABITS GROUP INC (ABTS) has a support level at 2.6 and a resistance level at 2.78. Check the full technical report for our detailed analysis of ABTS support and resistance levels.