Overall ABVEW gets a technical rating of 4 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.
- In the last month ABVEW has a been trading in the 0.41 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, ABVEW did better than 99% of all other stocks. On top of that, ABVEW also shows a nice and consistent pattern of rising prices.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ABVEW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABVEW is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ABVEW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 3 important support areas.
- Support @0.33 from a trend line in the daily time frame.
- Support @0.32 from a trend line in the weekly time frame.
- Support @0.31 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.74 from a trend line in the weekly time frame.
- Resistance @0.87 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 | NEUTRAL | NEUTRAL | The long term trend for ABVEW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABVEW is down. |
| ChartMill Relative Strength | 99.96 | POSITIVE | ABVEW has a high relative strength, it outperformed 99.96% 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 | POSITIVE | The current price of ABVEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for ABVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ABVEW has a negative trend. |
| Stochastics (14,3) | 26.83 | NEUTRAL | The Stochastics value for ABVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 30.9 | HIGH VOLATILITY | The high ATR as a percentage value for ABVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for ABVEW suggests a possible start of a new trend. |
NASDAQ:ABVEW (2/11/2026, 11:51:03 AM)
0.5125
-0.03 (-5.09%)
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 4 / 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 45.1033. 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 -0.0256083, 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.