AQUABOUNTY TECHNOLOGIES (AQB) Technical Analysis
NASDAQ:AQB • US03842K3095
Current stock price
AQB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to AQB. AQB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- AQB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AQB is lagging the market.
- In the last month AQB has a been trading in the 0.85 - 1.02 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, AQB did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- AQB is part of the Biotechnology industry. There are 517 other stocks in this industry, AQB did better than 55% of them.
- Considerably lower volume is observed in the last couple of days.
AQB Weekly and Daily overview Charts
AQB Setup Rating and Analysis
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.
- 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
AQB Support and Resistance Analysis
0.76
We found 4 important support areas.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.81 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.77 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.11 from a horizontal line in the daily time frame.
AQB Technical Indicator Signal Analysis
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 | 76.99 | POSITIVE | AQB has a high relative strength, it outperformed 76.99% 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) | DOWN | NEGATIVE | The current price of AQB is below 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) | 47.16 | NEUTRAL | The RSI value for AQB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AQB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.22 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for AQB suggests high volalility. |
| Average Directional Index/ADX (14) | 9.26 | NEGATIVE | The low ADX value for AQB suggests a weak or negative trend. |
AQB Chart- and CandleStick Pattern Analysis
AQB Technicals: Chart, Performance Metrics, Trend & Indicators
0.8923
-0.02 (-2.26%)
AQUABOUNTY TECHNOLOGIES / AQB TA FAQ
Can you provide the ChartMill technical rating for AQUABOUNTY TECHNOLOGIES?
ChartMill assigns a technical rating of 1 / 10 to AQB.
What is the current trend direction of AQUABOUNTY TECHNOLOGIES (AQB) stock?
The current trend direction for AQUABOUNTY TECHNOLOGIES (AQB) is Bearish.
What is the RSI signal for AQUABOUNTY TECHNOLOGIES (AQB) stock?
AQUABOUNTY TECHNOLOGIES (AQB) has an RSI value of 47.162. This indicates that the stock is currently neutral.
What is the buy/sell signal for AQB stock?
The buy/sell signal for AQUABOUNTY TECHNOLOGIES (AQB) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for AQUABOUNTY TECHNOLOGIES (AQB) stock?
AQUABOUNTY TECHNOLOGIES (AQB) has a support level at 0.88 and a resistance level at 0.92. Check the full technical report for our detailed analysis of AQB support and resistance levels.