Taking everything into account, ANEB scores 0 out of 10 in our technical rating. ANEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ANEB has a poor technical rating and the quality of the setup is also not perfect 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
0.96
When analyzing the support we notice one important area.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.22 from a horizontal line in the daily time frame.
- Resistance @2.26 from a trend line in the daily time frame.
- Resistance @2.73 from a horizontal line in the weekly time frame.
- Resistance @2.78 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 | DOWN | NEGATIVE | The long term trend for ANEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANEB is down. |
| ChartMill Relative Strength | 8.28 | NEGATIVE | ANEB has a low relative strength, it was outperformed by 91.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.42 | OVERSOLD | The low RSI value suggests ANEB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ANEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.72 | OVERSOLD | The low Stochastics value suggests ANEB may be oversold. |
| Average True Range in percent/ATR (20) | 16.15 | HIGH VOLATILITY | The high ATR as a percentage value for ANEB suggests high volalility. |
| Average Directional Index/ADX (14) | 48.6 | POSITIVE | The high ADX value value for ANEB suggests a strong trend. |
1.14
-0.05 (-4.2%)
ANEBULO PHARMACEUTICALS INC / ANEB FAQ
What is the ChartMill technical rating of ANEBULO PHARMACEUTICALS INC (ANEB) stock?
ChartMill assigns a technical rating of 0 / 10 to ANEB.
Can you provide the trend direction for ANEBULO PHARMACEUTICALS INC?
The current trend direction for ANEBULO PHARMACEUTICALS INC (ANEB) is Bearish.
What is the RSI signal for ANEB stock?
ANEBULO PHARMACEUTICALS INC (ANEB) has an RSI value of 28.4212. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ANEBULO PHARMACEUTICALS INC?
The short term momentum for ANEBULO PHARMACEUTICALS INC (ANEB) is negative.
Can you provide the buy/sell signal for ANEBULO PHARMACEUTICALS INC?
The buy/sell signal for ANEBULO PHARMACEUTICALS INC (ANEB) is sell as both the short term and long term trends are negative.