Taking everything into account, ANEB scores 3 out of 10 in our technical rating. In the last year, ANEB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The technical rating of ANEB 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.
2.25
We found 1 important support area.
4 important resistance areas can be observed.
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 ANEB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANEB is down. |
| ChartMill Relative Strength | 89.54 | POSITIVE | ANEB has a high relative strength, it outperformed 89.54% 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) | UP | POSITIVE | The current price of ANEB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for ANEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ANEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.69 | NEUTRAL | The Stochastics value for ANEB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ANEB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for ANEB suggests a weak or negative trend. |
2.355
+0.06 (+2.84%)
ChartMill assigns a technical rating of 3 / 10 to ANEB.
The current trend direction for ANEBULO PHARMACEUTICALS INC (ANEB) is Bullish.
ANEBULO PHARMACEUTICALS INC (ANEB) has an RSI value of 43.2019. This indicates that the stock is currently neutral.
The MACD indicator for ANEBULO PHARMACEUTICALS INC (ANEB) has a value of -0.0179218, indicating a bearish trend.
ANEBULO PHARMACEUTICALS INC (ANEB) has a support level at 2.33 and a resistance level at 2.37. Check the full technical report for our detailed analysis of ANEB support and resistance levels.