ANAPTYSBIO INC (ANAB) Stock Technical Analysis
NASDAQ:ANAB • US0327241065
Overall ANAB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ANAB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ANAB is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ANAB over the past year are nicely spread over this period.
- ANAB is part of the Biotechnology industry. There are 520 other stocks in this industry. ANAB outperforms 92% of them.
- ANAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ANAB has a been trading in the 46.76 - 57.74 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
ANAB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
19.67
We found 3 important support areas.
- A support zone ranging from 54.90 to 54.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.17 from a trend line in the daily time frame.
- Support @19.87 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @56.12 from a horizontal line in the daily time frame.
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 ANAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANAB is up. |
| ChartMill Relative Strength | 97.47 | POSITIVE | ANAB has a high relative strength, it outperformed 97.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.74 | NEUTRAL | The RSI value for ANAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ANAB has a negative trend. |
| Stochastics (14,3) | 78.11 | NEUTRAL | The Stochastics value for ANAB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for ANAB suggests high volalility. |
| Average Directional Index/ADX (14) | 38.41 | POSITIVE | The high ADX value value for ANAB suggests a strong trend. |
54.91
-0.14 (-0.25%)
ANAPTYSBIO INC / ANAB FAQ
What is the technical rating for ANAB stock?
ChartMill assigns a technical rating of 10 / 10 to ANAB.
Can you provide the trend direction for ANAPTYSBIO INC?
The current trend direction for ANAPTYSBIO INC (ANAB) is Bullish.
What is the RSI signal for ANAB stock?
ANAPTYSBIO INC (ANAB) has an RSI value of 59.7371. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANAPTYSBIO INC?
The short term momentum for ANAPTYSBIO INC (ANAB) is positive.
What is the support and resistance level for ANAB stock?
ANAPTYSBIO INC (ANAB) has a support level at 54.91 and a resistance level at 56.12. Check the full technical report for our detailed analysis of ANAB support and resistance levels.