ABOVE FOOD INGREDIENTS INC (ABVE) Stock Technical Analysis
USA - NASDAQ:ABVE - CA00373V1004 - Common Stock
5.11 USD
+1.16 (+29.37%)
5.12 USD
+0.01 (+0.2%)
We assign a technical rating of 10 out of 10 to ABVE. Both in the recent history as in the last year, ABVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ABVE did better than 99% of all other stocks. We also observe that the gains produced by ABVE over the past year are nicely spread over this period.
ABVE is part of the Food Products industry. There are 87 other stocks in this industry. ABVE outperforms 100% of them.
ABVE has an average volume of 3784440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABVE is lagging the market.
In the last month ABVE has a been trading in the 1.56 - 6.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABVE has an excellent technical rating, but the quality of the setup is only medium 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
5.06
5.16
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 ABVE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABVE is up. |
| ChartMill Relative Strength | 99.49 | POSITIVE | ABVE has a high relative strength, it outperformed 99.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABVE is above the rising 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) | 65.35 | NEUTRAL | The RSI value for ABVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABVE has a positive trend. |
| Stochastics (14,3) | 49.94 | NEUTRAL | The Stochastics value for ABVE is a neutral value. |
| Average True Range in percent/ATR (20) | 15.91 | HIGH VOLATILITY | The high ATR as a percentage value for ABVE suggests high volalility. |
| Average Directional Index/ADX (14) | 43.59 | POSITIVE | The high ADX value value for ABVE suggests a strong 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)
5.11
+1.16 (+29.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg29.37%
1 Week2.4%
2 Weeks7.35%
1 Month190.34%
3 Month163.4%
6 Month651.47%
12 Month751.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%15.91%
ATR Inc-1.78%
Range Today1
ADR(20)0.77
ADR(20)%14.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.49
3 months CRS99.03
6 months CRS99.62
Mansfield26.89
10 Day High6.56
10 Day Low3.32
20 Day High6.56
20 Day Low1.56
52 Week High6.56
52 Week Low0.25
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.55%
DER(5)-0.04%
Volume4.00M
Volume Incr-38.93%
Vol(5)3.88M
Vol(50)3.78M