AQUABOUNTY TECHNOLOGIES (AQB) Stock Technical Analysis
NASDAQ:AQB • US03842K3095
Taking everything into account, AQB scores 1 out of 10 in our technical rating. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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.
- In the last month AQB has a been trading in the 0.78 - 1.21 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, AQB turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- AQB is an average performer in the Biotechnology industry, it outperforms 58% of 521 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
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 resistance zone just above the current price starting at 0.91. Right above this resistance zone may be a good entry point. 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
0.77
We found 2 important support areas.
- Support @0.82 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.91 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.11 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 | NEUTRAL | NEUTRAL | The short term trend for AQB is neutral. |
| ChartMill Relative Strength | 57.84 | NEUTRAL | AQB is not amongst the best or worst performers 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) | 44.68 | NEUTRAL | The RSI value for AQB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AQB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.98 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for AQB suggests high volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for AQB suggests a weak or negative trend. |
0.8701
-0.05 (-5.94%)
AQUABOUNTY TECHNOLOGIES / AQB 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 AQB stock?
AQUABOUNTY TECHNOLOGIES (AQB) has an RSI value of 44.6771. This indicates that the stock is currently neutral.
What is the MACD signal for AQB stock?
The MACD indicator for AQUABOUNTY TECHNOLOGIES (AQB) has a value of 0.000879303, indicating a bearish trend.
What is the support and resistance level for AQB stock?
AQUABOUNTY TECHNOLOGIES (AQB) has a support level at 0.82 and a resistance level at 0.91. Check the full technical report for our detailed analysis of AQB support and resistance levels.