We assign a technical rating of 3 out of 10 to ABVEW. 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.
ABVEW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
0.21
2 important support areas can be observed.
- Support @0.28 from a trend line in the daily time frame.
- Support @0.21 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.59 from a trend line in the daily time frame.
- Resistance @0.85 from a horizontal 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 | 99.88 | POSITIVE | ABVEW has a high relative strength, it outperformed 99.88% 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) | 42.99 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 11.21 | OVERSOLD | The low Stochastics value suggests ABVEW may be oversold. |
| Average True Range in percent/ATR (20) | 41.99 | HIGH VOLATILITY | The high ATR as a percentage value for ABVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.8 | NEUTRAL | The ADX value for ABVEW suggests a possible start of a new trend. |
NASDAQ:ABVEW (12/31/2025, 8:00:01 PM)
0.35
+0.05 (+15.89%)
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 3 / 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 42.9871. 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 -0.00466721, 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.