ABOVE FOOD INGREDIENTS- 29 (ABVEW) Technical Analysis
NASDAQ:ABVEW
Overall ABVEW gets a technical rating of 5 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. The S&P500 Index however is trading in the upper part of its 52 week range, so ABVEW is lagging the market.
- In the last month ABVEW has a been trading in the 0.30 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- When comparing the yearly performance of all stocks, we notice that ABVEW is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by ABVEW over the past year are nicely spread over this period.
ABVEW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ABVEW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.31
We found 1 important support area.
- Support @0.31 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.60 from a trend line in the weekly time frame.
- Resistance @0.69 from a trend line in the daily time frame.
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 | 99.84 | POSITIVE | ABVEW has a high relative strength, it outperformed 99.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABVEW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABVEW is below the rising 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) | 48.7 | NEUTRAL | The RSI value for ABVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABVEW has a positive trend. |
| Stochastics (14,3) | 55.18 | NEUTRAL | The Stochastics value for ABVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 19.03 | HIGH VOLATILITY | The high ATR as a percentage value for ABVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for ABVEW suggests a strong trend. |
ABVEW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ABVEW (3/13/2026, 4:00:51 PM)
0.41
-0.02 (-4.65%)
ABOVE FOOD INGREDIENTS- 29 / ABVEW FAQ
What is the ChartMill technical rating of ABOVE FOOD INGREDIENTS- 29 (ABVEW) stock?
ChartMill assigns a technical rating of 5 / 10 to ABVEW.
What is the trend direction for ABVEW stock?
The current trend direction for ABOVE FOOD INGREDIENTS- 29 (ABVEW) is Bearish.
What is the RSI signal for ABOVE FOOD INGREDIENTS- 29 (ABVEW) stock?
ABOVE FOOD INGREDIENTS- 29 (ABVEW) has an RSI value of 48.6997. 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 0.00784745, indicating a bearish trend.
What is the short term momentum for ABVEW stock?
The short term momentum for ABOVE FOOD INGREDIENTS- 29 (ABVEW) is negative.