Taking everything into account, ABUS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ABUS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ABUS has an excellent technical rating, it does not present a decent entry opportunity 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
3.35
We found 4 important support areas.
- A support zone ranging from 4.28 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.11 to 4.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.54 from a trend line in the daily time frame.
- Support @3.38 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.44 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.74 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.90 to 4.96. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ABUS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABUS is neutral. |
| ChartMill Relative Strength | 84.55 | POSITIVE | ABUS has a high relative strength, it outperformed 84.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABUS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABUS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.25 | NEUTRAL | The RSI value for ABUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.85 | NEUTRAL | The Stochastics value for ABUS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ABUS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for ABUS suggests a weak or negative trend. |
4.43
-0.11 (-2.42%)
ARBUTUS BIOPHARMA CORP / ABUS FAQ
What is the ChartMill technical rating of ARBUTUS BIOPHARMA CORP (ABUS) stock?
ChartMill assigns a technical rating of 10 / 10 to ABUS.
Can you provide the trend direction for ARBUTUS BIOPHARMA CORP?
The current trend direction for ARBUTUS BIOPHARMA CORP (ABUS) is Bullish.
Can you provide the RSI signal for ARBUTUS BIOPHARMA CORP?
ARBUTUS BIOPHARMA CORP (ABUS) has an RSI value of 47.2495. This indicates that the stock is currently neutral.
What is the short term momentum for ARBUTUS BIOPHARMA CORP (ABUS) stock?
The short term momentum for ARBUTUS BIOPHARMA CORP (ABUS) is neutral.
What is the support and resistance level for ABUS stock?
ARBUTUS BIOPHARMA CORP (ABUS) has a support level at 4.37 and a resistance level at 4.44. Check the full technical report for our detailed analysis of ABUS support and resistance levels.