Taking everything into account, AQB scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AQB was also a bad performer in the overall market in the last year.
Although the technical rating is bad, AQB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AQB in the last couple of days, which is a good sign.
0.80
3 important support areas can be observed.
2 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 | NEUTRAL | NEUTRAL | The long term trend for AQB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AQB is up. |
| ChartMill Relative Strength | 22.54 | NEGATIVE | AQB has a low relative strength, it was outperformed by 77.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AQB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AQB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AQB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53 | NEUTRAL | The RSI value for AQB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AQB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.73 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.56 | HIGH VOLATILITY | The high ATR as a percentage value for AQB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.31 | POSITIVE | The high ADX value value for AQB suggests a strong trend. |
0.99
+0.01 (+0.9%)
ChartMill assigns a technical rating of 3 / 10 to AQB.
The current trend direction for AQUABOUNTY TECHNOLOGIES (AQB) is Bearish.
AQUABOUNTY TECHNOLOGIES (AQB) has an RSI value of 53.0039. This indicates that the stock is currently neutral.
The MACD indicator for AQUABOUNTY TECHNOLOGIES (AQB) has a value of 0.0198375, indicating a bearish trend.
AQUABOUNTY TECHNOLOGIES (AQB) has a support level at 0.88 and a resistance level at 1.03. Check the full technical report for our detailed analysis of AQB support and resistance levels.