We assign a technical rating of 3 out of 10 to ABVE. Although ABVE 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.
The technical rating of ABVE is bad and it also does not present a quality setup 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.
1.38
3 important support areas can be observed.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for ABVE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABVE is neutral. |
| ChartMill Relative Strength | 98.98 | POSITIVE | ABVE has a high relative strength, it outperformed 98.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABVE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABVE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.85 | NEUTRAL | The RSI value for ABVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ABVE has a positive trend. |
| Stochastics (14,3) | 77.38 | NEUTRAL | The Stochastics value for ABVE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.01 | HIGH VOLATILITY | The high ATR as a percentage value for ABVE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for ABVE suggests a weak or negative trend. |
NASDAQ:ABVE (1/9/2026, 3:45:00 PM)
2.255
-0.08 (-3.22%)
ChartMill assigns a technical rating of 3 / 10 to ABVE.
The current trend direction for ABOVE FOOD INGREDIENTS INC (ABVE) is Bearish.
ABOVE FOOD INGREDIENTS INC (ABVE) has an RSI value of 54.8459. This indicates that the stock is currently neutral.
The short term momentum for ABOVE FOOD INGREDIENTS INC (ABVE) is neutral.
ABOVE FOOD INGREDIENTS INC (ABVE) has a support level at 2.33 and a resistance level at 2.46. Check the full technical report for our detailed analysis of ABVE support and resistance levels.