ABIVAX SA-ADR (ABVX) Technical Analysis
NASDAQ:ABVX • US00370M1036
Current stock price
120.34 USD
-2.69 (-2.18%)
At close:
119.35 USD
-0.99 (-0.82%)
After Hours:
ABVX Technical Rating and Analysis
Taking everything into account, ABVX scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Both the short term and long term trends are positive. This is a very positive sign.
- ABVX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 517 stocks in the same industry.
- ABVX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ABVX is performing more or less in line with the market.
- In the last month ABVX has a been trading in the 105.78 - 132.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ABVX has an average volume of 1165000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ABVX did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ABVX Weekly and Daily overview Charts
ABVX Setup Rating and Analysis
ABVX has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ABVX Support and Resistance Analysis
108.24
134.25
We found 3 important support areas.
- A support zone ranging from 117.68 to 119.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.14 from a trend line in the daily time frame.
- A support zone ranging from 109.33 to 111.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @124.37 from a trend line in the weekly time frame.
- Resistance @126.87 from a trend line in the daily time frame.
- Resistance @130.35 from a horizontal line in the weekly time frame.
- Resistance @132.92 from a horizontal line in the daily time frame.
ABVX 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 | UP | POSITIVE | The long term trend for ABVX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABVX is up. |
| ChartMill Relative Strength | 99.87 | POSITIVE | ABVX has a high relative strength, it outperformed 99.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABVX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABVX is above a declining 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) | 51.02 | NEUTRAL | The RSI value for ABVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests ABVX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.57 | NEUTRAL | The Stochastics value for ABVX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for ABVX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for ABVX suggests a weak or negative trend. |
ABVX Chart- and CandleStick Pattern Analysis
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)
ABVX Technicals: Chart, Performance Metrics, Trend & Indicators
120.34
-2.69 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.18%
1 Week4.19%
2 Weeks10.07%
1 Month-7.68%
3 Month4.7%
6 Month46.22%
12 Month1530.62%
2 Year741.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.92
ATR(20)%5.08%
ATR Inc-4.56%
Range Today6.85
ADR(20)5.29
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.87
3 months CRS82.24
6 months CRS94.65
Mansfield7.19
10 Day High127
10 Day Low107.75
20 Day High132.92
20 Day Low105.78
52 Week High148.83
52 Week Low4.77
CS1 End119.11
CR1 Start124.37
Volume & EV
DER(3)-0.97%
DER(5)0.84%
Volume1.37M
Volume Incr20.44%
Vol(5)1.11M
Vol(50)1.17M
ABIVAX SA-ADR / ABVX TA FAQ
What is the technical rating for ABVX stock?
ChartMill assigns a technical rating of 6 / 10 to ABVX.
What is the current trend direction of ABIVAX SA-ADR (ABVX) stock?
The current trend direction for ABIVAX SA-ADR (ABVX) is Bullish.
What is the RSI signal for ABIVAX SA-ADR (ABVX) stock?
ABIVAX SA-ADR (ABVX) has an RSI value of 51.0156. This indicates that the stock is currently neutral.
What is the short term momentum for ABVX stock?
The short term momentum for ABIVAX SA-ADR (ABVX) is positive.
Can you provide the buy/sell signal for ABIVAX SA-ADR?
The buy/sell signal for ABIVAX SA-ADR (ABVX) is buy as both the short term and long term trends are positive.