ABIVAX SA-ADR (ABVX) Stock Technical Analysis
NASDAQ:ABVX - Nasdaq - US00370M1036 - ADR - Currency: USD
Taking everything into account, ABVX scores 8 out of 10 in our technical rating. ABVX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ABVX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 553 stocks in the same industry.
ABVX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ABVX has a been trading in the 7.24 - 72.90 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABVX has an average volume of 1283830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ABVX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABVX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.83
67.15
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 ABVX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABVX is up. |
| ChartMill Relative Strength | 99.74 | POSITIVE | ABVX has a high relative strength, it outperformed 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABVX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 92.92 | OVERBOUGHT | The high RSI value suggests ABVX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.88 | POSITIVE | The MACD value suggests ABVX has a positive trend. |
| Stochastics (14,3) | 93.68 | OVERBOUGHT | The high Stochastics value suggests ABVX may be overbought. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for ABVX suggests high volalility. |
| Average Directional Index/ADX (14) | 51.14 | POSITIVE | The high ADX value value for ABVX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
66.49
-3.27 (-4.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.69%
1 Week568.24%
2 Weeks703.99%
1 Month826.05%
3 Month872.08%
6 Month991.79%
12 Month460.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.63
ATR(20)%6.14%
ATR Inc-0.03%
Range Today4.38
ADR(20)1.42
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.74
Mansfield54.8
10 Day High72.9
10 Day Low8.11
20 Day High72.9
20 Day Low7.24
52 Week High72.9
52 Week Low4.77
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.24%
DER(5)3.25%
Volume3.54M
Volume Incr1630.5%
Vol(5)9.33M
Vol(50)1.28M