ABACUS GLOBAL MANAGEMENT INC (ABX) Technical Analysis
NYSE:ABX • US00258Y1047
Current stock price
ABX Technical Rating and Analysis
Taking everything into account, ABX scores 6 out of 10 in our technical rating. In the last year, ABX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, ABX is a bad performer in the overall market: 100% of all stocks are doing better.
- ABX is part of the Insurance industry. There are 147 other stocks in this industry, of which 88% are performing better than ABX.
- The long and short term trends are both positive. This is looking good!
- In the last month ABX has a been trading in the 7.32 - 9.74 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ABX Weekly and Daily overview Charts
ABX Setup Rating and Analysis
ABX has an average technical rating and it also 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
ABX Support and Resistance Analysis
7.85
When analyzing the support we can see 3 important areas.
- Support @8.34 from a trend line in the weekly time frame.
- A support zone ranging from 8.06 to 8.08. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @7.93 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @10.32 from a horizontal line in the daily time frame.
ABX 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 ABX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.33 | NEUTRAL | The RSI value for ABX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ABX has a positive trend. |
| Stochastics (14,3) | 93.84 | OVERBOUGHT | The high Stochastics value suggests ABX may be overbought. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ABX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for ABX suggests a possible start of a new trend. |
ABX Chart- and CandleStick Pattern Analysis
ABX Technicals: Chart, Performance Metrics, Trend & Indicators
9.44
-0.2 (-2.07%)
ABACUS GLOBAL MANAGEMENT INC / ABX TA FAQ
Can you provide the ChartMill technical rating for ABACUS GLOBAL MANAGEMENT INC?
ChartMill assigns a technical rating of 6 / 10 to ABX.
What is the trend direction for ABX stock?
The current trend direction for ABACUS GLOBAL MANAGEMENT INC (ABX) is Bullish.
Can you provide the RSI signal for ABACUS GLOBAL MANAGEMENT INC?
ABACUS GLOBAL MANAGEMENT INC (ABX) has an RSI value of 60.3309. This indicates that the stock is currently neutral.
What is the MACD signal for ABACUS GLOBAL MANAGEMENT INC (ABX) stock?
The MACD indicator for ABACUS GLOBAL MANAGEMENT INC (ABX) has a value of 0.153671, indicating a bearish trend.
What is the short term momentum for ABACUS GLOBAL MANAGEMENT INC (ABX) stock?
The short term momentum for ABACUS GLOBAL MANAGEMENT INC (ABX) is positive.