ABOVE FOOD INGREDIENTS- 29 (ABVEW) Technical Analysis
NASDAQ:ABVEW
Current stock price
ABVEW Technical Rating and Analysis
Overall ABVEW gets a technical rating of 2 out of 10. Although ABVEW 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- ABVEW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ABVEW has an average volume of 29574 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, ABVEW did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month ABVEW has a been trading in the 0.10 - 0.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABVEW Weekly and Daily overview Charts
ABVEW Setup Rating and Analysis
ABVEW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
ABVEW Support and Resistance Analysis
ABVEW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ABVEW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABVEW is down. |
| ChartMill Relative Strength | 99.43 | POSITIVE | ABVEW has a high relative strength, it outperformed 99.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABVEW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABVEW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ABVEW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.89 | NEUTRAL | The RSI value for ABVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ABVEW has a negative trend. |
| Stochastics (14,3) | 21.14 | NEUTRAL | The Stochastics value for ABVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 53.96 | HIGH VOLATILITY | The high ATR as a percentage value for ABVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for ABVEW suggests a weak or negative trend. |
ABVEW Chart- and CandleStick Pattern Analysis
ABVEW Technicals: Chart, Performance Metrics, Trend & Indicators
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ABOVE FOOD INGREDIENTS- 29 / ABVEW TA FAQ
What is the ChartMill technical rating of ABOVE FOOD INGREDIENTS- 29 (ABVEW) stock?
ChartMill assigns a technical rating of 2 / 10 to ABVEW.
What is the trend direction for ABVEW stock?
The current trend direction for ABOVE FOOD INGREDIENTS- 29 (ABVEW) is Bearish.
Can you provide the RSI signal for ABOVE FOOD INGREDIENTS- 29?
ABOVE FOOD INGREDIENTS- 29 (ABVEW) has an RSI value of 38.8912. This indicates that the stock is currently neutral.
What is the MACD signal for ABOVE FOOD INGREDIENTS- 29 (ABVEW) stock?
The MACD indicator for ABOVE FOOD INGREDIENTS- 29 (ABVEW) has a value of -0.000750613, indicating a bearish trend.
Can you provide the buy/sell signal for ABOVE FOOD INGREDIENTS- 29?
The buy/sell signal for ABOVE FOOD INGREDIENTS- 29 (ABVEW) is sell as both the short term and long term trends are negative.