ADVANCED BIOMED INC (ADVB) Technical Analysis
NASDAQ:ADVB • US00752P2039
Current stock price
ADVB Technical Rating and Analysis
Overall ADVB gets a technical rating of 1 out of 10. ADVB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ADVB is a bad performer in the overall market: 97% of all stocks are doing better.
- ADVB is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 80% of 188 stocks in the same industry do better.
- ADVB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ADVB is lagging the market.
- In the last month ADVB has a been trading in the 3.67 - 5.82 range, which is quite wide. It is currently trading near the lows of this range.
ADVB Weekly and Daily overview Charts
ADVB Setup Rating and Analysis
The technical rating of ADVB is bad and it also does not present a 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
ADVB Support and Resistance Analysis
3.95
We found 2 important support areas.
- Support @4.10 from a trend line in the daily time frame.
- A support zone ranging from 3.99 to 4.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.51 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.74 from a trend line in the daily time frame.
- A resistance zone ranging from 4.88 to 4.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ADVB 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 | DOWN | NEGATIVE | The long term trend for ADVB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADVB is down. |
| ChartMill Relative Strength | 3.53 | NEGATIVE | ADVB has a low relative strength, it was outperformed by 96.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADVB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADVB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.41 | NEUTRAL | The RSI value for ADVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ADVB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.99 | NEUTRAL | The Stochastics value for ADVB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.89 | HIGH VOLATILITY | The high ATR as a percentage value for ADVB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for ADVB suggests a possible start of a new trend. |
ADVB Chart- and CandleStick Pattern Analysis
ADVB Technicals: Chart, Performance Metrics, Trend & Indicators
4.5
+0.32 (+7.58%)
ADVANCED BIOMED INC / ADVB TA FAQ
Can you provide the ChartMill technical rating for ADVANCED BIOMED INC?
ChartMill assigns a technical rating of 1 / 10 to ADVB.
What is the trend direction for ADVB stock?
The current trend direction for ADVANCED BIOMED INC (ADVB) is Bearish.
Can you provide the RSI signal for ADVANCED BIOMED INC?
ADVANCED BIOMED INC (ADVB) has an RSI value of 48.4146. This indicates that the stock is currently neutral.
What is the MACD signal for ADVANCED BIOMED INC (ADVB) stock?
The MACD indicator for ADVANCED BIOMED INC (ADVB) has a value of -0.00111126, indicating a bearish trend.
What is the buy/sell signal for ADVANCED BIOMED INC (ADVB) stock?
The buy/sell signal for ADVANCED BIOMED INC (ADVB) is sell as both the short term and long term trends are negative.