NASDAQ:ABVE - Nasdaq - CA00373V1004 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ABVE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABVE is showing a nice and steady performance.
Besides having an excellent technical rating, ABVE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
1.72
When analyzing the support we notice one important area.
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 | 97.11 | POSITIVE | ABVE has a high relative strength, it outperformed 97.11% 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) | 51.79 | NEUTRAL | The RSI value for ABVE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ABVE has a negative trend. |
Stochastics (14,3) | 38.93 | NEUTRAL | The Stochastics value for ABVE is a neutral value. |
Average True Range in percent/ATR (20) | 38.56 | HIGH VOLATILITY | The high ATR as a percentage value for ABVE suggests high volalility. |
Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for ABVE suggests a strong trend. |
1.94
+0.2 (+11.49%)