ALLEGIANCE BANCSHARES INC (ABTX)
US01748H1077 - Common Stock
Overall ABTX gets a technical rating of 4 out of 10. Although ABTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ABTX has a been trading in the 40.50 - 45.93 range, which is quite wide. It is currently trading near the lows of this range.
ABTX is part of the Banks industry. There are 412 other stocks in this industry. ABTX outperforms 93% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, ABTX did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ABTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABTX is lagging the market slightly.
Volume is considerably higher in the last couple of days.
ABTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.16
46.60
3 important support areas can be observed.
- Support @39.30 from a trend line in the weekly time frame.
- A support zone ranging from 38.25 to 38.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.62 to 43.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 45.74 to 46.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.24
Mansfield1.84
10 Day High45.93
10 Day Low41.21
20 Day High45.93
20 Day Low40.5
52 Week High46.96
52 Week Low37.04
Performance
1 Week-5.17%
2 Weeks-5.13%
1 Month-1.7%
3 Month7.02%
6 Month-5.04%
12 Month6.31%
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)-0.15
RSI(14)40.87
LBB41.31
UBB45.17
ALLEGIANCE BANCSHARES INC
NASDAQ:ABTX (9/30/2022, 7:05:08 PM)
After market: 41.63 0 (0%)41.63
-0.36 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.86%
1 Week-5.17%
2 Weeks-5.13%
1 Month-1.7%
3 Month7.02%
6 Month-5.04%
12 Month6.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.54
ATR(20)%3.45%
ATR Inc
Range Today1.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.93
10 Day Low41.21
20 Day High45.93
20 Day Low40.5
52 Week High46.96
52 Week Low37.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.61M
Volume Incr467.53%
Vol(5)445.82K
Vol(50)108.71K