AQUABOUNTY TECHNOLOGIES (AQB) Stock Technical Analysis
NASDAQ:AQB - Nasdaq - US03842K3095 - Common Stock - Currency: USD
Overall AQB gets a technical rating of 2 out of 10. AQB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AQB is a bad performer in the overall market: 90% of all stocks are doing better.
AQB is part of the Biotechnology industry. There are 555 other stocks in this industry, of which 62% are performing better than AQB.
AQB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AQB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
AQB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.72, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.61
0.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 0.77 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.85 from a horizontal line in the weekly time frame.
- Resistance @0.89 from a trend line in the daily time frame.
- Resistance @0.92 from a horizontal line in the daily time frame.
- Resistance @0.94 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 AQB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AQB is down. |
| ChartMill Relative Strength | 10.04 | NEGATIVE | AQB has a low relative strength, it was outperformed by 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AQB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AQB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AQB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.04 | NEUTRAL | The RSI value for AQB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AQB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.88 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for AQB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for AQB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.761
0 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.52%
1 Week-1.25%
2 Weeks-3.91%
1 Month-7.03%
3 Month18.62%
6 Month-3.63%
12 Month-54.76%
2 Year-90.18%
3 Year-97.43%
5 Year-98.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.84%
ATR Inc-62.59%
Range Today0.03
ADR(20)0.07
ADR(20)%9.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.04
Mansfield-2.44
10 Day High0.91
10 Day Low0.7
20 Day High0.95
20 Day Low0.7
52 Week High1.94
52 Week Low0.47
CS1 End0.72
CR1 Start0.78
Volume & EV
DER(3)6.8%
DER(5)5.8%
Volume28.94K
Volume Incr-27.56%
Vol(5)145.99K
Vol(50)412.41K