ABACUS FLEXIBLE BOND LEADERS (ABXB) Stock Technical Analysis
NYSEARCA:ABXB - NYSE Arca - US89628W6093 - ETF - Currency: USD
Taking everything into account, ABXB scores 3 out of 10 in our technical rating. ABXB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, ABXB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.48, a Stop Loss order could be placed below this zone.
More info and screens
19.22
We found 1 important support area.
- A support zone ranging from 19.41 to 19.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.49 to 19.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 ABXB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABXB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABXB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABXB is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 44.62 | NEUTRAL | The RSI value for ABXB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests ABXB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.68 | NEUTRAL | The Stochastics value for ABXB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for ABXB suggests low volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for ABXB suggests a strong trend. |
NYSEARCA:ABXB (7/18/2025, 8:04:04 PM)
19.48
+0.03 (+0.13%)