ABIVAX SA-ADR (ABVX) Stock Technical Analysis
NASDAQ:ABVX - US00370M1036 - ADR
81.03 USD
-0.61 (-0.75%)
80.55 USD
-0.48 (-0.59%)
We assign a technical rating of 9 out of 10 to ABVX. Both in the recent history as in the last year, ABVX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ABVX is part of the Biotechnology industry. There are 547 other stocks in this industry. ABVX outperforms 99% of them.
ABVX is currently making a new 52 week high. This is a strong signal. 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 67.09 - 82.13 range, which is quite wide. It is currently trading near the high of this range.
ABVX has an average volume of 1738490 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.
Considerably lower volume is observed in the last couple of days.
Although ABVX has an excellent technical rating, it does not offer a high quality setup 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
68.27
82.46
When analyzing the support we notice one important area.
- A support zone ranging from 68.96 to 69.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 81.04 to 81.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 99.86 | POSITIVE | ABVX has a high relative strength, it outperformed 99.86% 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) | 82.18 | OVERBOUGHT | The high RSI value suggests ABVX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests ABVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 92.32 | OVERBOUGHT | The high Stochastics value suggests ABVX may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ABVX suggests some volalility. |
| Average Directional Index/ADX (14) | 75.36 | 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)
81.03
-0.61 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.75%
1 Week4.85%
2 Weeks15.03%
1 Month12.63%
3 Month1246.01%
6 Month955.08%
12 Month537.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.03
ATR(20)%3.95%
ATR Inc-0.67%
Range Today2.18
ADR(20)3.14
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.86
Mansfield39.79
10 Day High82.13
10 Day Low67.15
20 Day High82.13
20 Day Low67.09
52 Week High82.13
52 Week Low4.77
CS1 End69
CR1 Start81.04
Volume & EV
DER(3)4.59%
DER(5)3.03%
Volume578.70K
Volume Incr-14.4%
Vol(5)1.04M
Vol(50)1.74M