We assign a technical rating of 10 out of 10 to ANAB. Both in the recent history as in the last year, ANAB 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.
- 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. On top of that, ANAB also shows a nice and consistent pattern of rising prices.
- ANAB is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 528 stocks in the same industry.
- 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 42.00 - 52.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANAB has an excellent technical rating, but the quality of the setup is only medium 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
19.26
We found 5 important support areas.
- A support zone ranging from 44.66 to 45.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.20 from a horizontal line in the daily time frame.
- Support @38.17 from a trend line in the daily time frame.
- Support @19.87 from a horizontal line in the weekly time frame.
- Support @19.45 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 | 97.88 | POSITIVE | ANAB has a high relative strength, it outperformed 97.88% 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) | 57.7 | NEUTRAL | The RSI value for ANAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ANAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.38 | NEUTRAL | The Stochastics value for ANAB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for ANAB suggests high volalility. |
| Average Directional Index/ADX (14) | 26.99 | POSITIVE | The high ADX value value for ANAB suggests a strong trend. |
50.26
+2.13 (+4.43%)
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 57.7046. 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 45.08. Check the full technical report for our detailed analysis of ANAB support and resistance levels.