ARBUTUS BIOPHARMA CORP (ABUS)

CA03879J1003 - Common Stock

2.73  +0.01 (+0.37%)

After market: 2.73 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, ABUS scores 5 out of 10 in our technical rating. ABUS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ABUS is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 588 stocks in the same industry.
ABUS has an average volume of 1299470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ABUS is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ABUS 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 ABUS is lagging the market slightly.
In the last month ABUS has a been trading in the 2.30 - 3.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ABUS Weekly chart
ABUS Daily chart
Setup Rating and Analysis

5

ABUS has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

2.46

3.06

3 important support areas can be observed.

  • A support zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.58 from a trend line in the daily time frame.
  • A support zone ranging from 2.48 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @3.03 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.48
Mansfield0.66
10 Day High2.99
10 Day Low2.64
20 Day High3.29
20 Day Low2.3
52 Week High3.29
52 Week Low1.69
Performance
1 Week0.37%
2 Weeks-6.19%
1 Month5.81%
3 Month14.71%
6 Month57.8%
12 Month8.76%
2 Year17.17%
3 Year-21.33%
5 Year1.49%
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)-0.03
RSI(14)47.28
LBB2.58
UBB3.08
ABUS Daily chart

ARBUTUS BIOPHARMA CORP

NASDAQ:ABUS (4/26/2024, 7:00:00 PM)

After market: 2.73 0 (0%)

2.73

+0.01 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.37%
1 Week0.37%
2 Weeks-6.19%
1 Month5.81%
3 Month14.71%
6 Month57.8%
12 Month8.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%6.22%
ATR Inc
Range Today0.08
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 High2.99
10 Day Low2.64
20 Day High3.29
20 Day Low2.3
52 Week High3.29
52 Week Low1.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume406.70K
Volume Incr-72.03%
Vol(5)581.56K
Vol(50)1.30M