ABITS GROUP INC (ABTS) Stock Technical Analysis
NASDAQ:ABTS - VGG6S34K1136 - Common Stock
3.8 USD
-0.03 (-0.78%)
Taking everything into account, ABTS scores 1 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than ABTS.
ABTS is one of the lesser performing stocks in the Software industry. 76% of 282 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. Certainly not because the S&P500 Index is trading near new highs.
In the last month ABTS has a been trading in the 3.50 - 4.48 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ABTS has an average volume of 28282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ABTS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.60, a Stop Loss order could be placed below this zone. 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
3.50
8.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.60 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.91 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.20 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.12 from a trend line in the weekly time frame.
- Resistance @6.79 from a trend line in the daily time frame.
- Resistance @8.44 from a horizontal line in the daily 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 | 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 | 7.67 | NEGATIVE | ABTS has a low relative strength, it was outperformed by 92.33% 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) | 43.54 | NEUTRAL | The RSI value for ABTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ABTS has a negative trend. |
| Stochastics (14,3) | 19.03 | OVERSOLD | The low Stochastics value suggests ABTS may be oversold. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for ABTS suggests high volalility. |
| Average Directional Index/ADX (14) | 11.44 | NEGATIVE | The low ADX value for ABTS suggests a weak or negative trend. |
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)
NASDAQ:ABTS (8/27/2025, 1:25:48 PM)
3.8
-0.03 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.78%
1 Week-5.43%
2 Weeks-4.95%
1 Month-9.46%
3 Month-6.59%
6 Month-38.62%
12 Month-47.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%7.55%
ATR Inc2.03%
Range Today0.16
ADR(20)0.28
ADR(20)%7.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.67
Mansfield-3.94
10 Day High4.44
10 Day Low3.56
20 Day High4.48
20 Day Low3.5
52 Week High14.1
52 Week Low1.35
CS1 End3.6
CR1 Start3.91
Volume & EV
DER(3)28.57%
DER(5)15.75%
Volume10.02K
Volume Incr-62.91%
Vol(5)6.14K
Vol(50)28.28K