AQUABOUNTY TECHNOLOGIES (AQB) Technical Analysis
NASDAQ:AQB • US03842K3095
Current stock price
AQB Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to AQB. Although AQB has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- 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.
- Looking at the yearly performance, AQB did better than 84% of all other stocks.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- AQB is part of the Biotechnology industry. There are 519 other stocks in this industry, AQB did better than 65% of them.
- In the last month AQB has a been trading in the 0.86 - 1.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AQB Weekly and Daily overview Charts
AQB Setup Rating and Analysis
Although the technical rating is only medium, AQB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.94, 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
0.77
We found 5 important support areas.
- A support zone ranging from 0.92 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.87 from a horizontal line in the daily time frame.
- Support @0.85 from a trend line in the weekly time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.03 from a horizontal line 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 | UP | POSITIVE | The short term trend for AQB is up. |
| ChartMill Relative Strength | 84.91 | POSITIVE | AQB has a high relative strength, it outperformed 84.91% 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) | UP | POSITIVE | The current price of AQB is above the rising 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) | 50.56 | 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) | 42.7 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for AQB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for AQB suggests a weak or negative trend. |
AQB Chart- and CandleStick Pattern Analysis
AQB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.99 | 0.91 | 0.08 (8.08%) | 12.38% |
| An entry @0.99. This is a Buy Stop order right above the resistance zone. | An exit @0.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 8.08%. | When investing 12.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AQB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AQB Technicals: Chart, Performance Metrics, Trend & Indicators
0.937
-0.02 (-2.4%)
AQUABOUNTY TECHNOLOGIES / AQB TA FAQ
Can you provide the ChartMill technical rating for AQUABOUNTY TECHNOLOGIES?
ChartMill assigns a technical rating of 6 / 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 50.5584. 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 0.00162911, indicating a bearish trend.
What is the support and resistance level for AQB stock?
AQUABOUNTY TECHNOLOGIES (AQB) has a support level at 0.94 and a resistance level at 0.98. Check the full technical report for our detailed analysis of AQB support and resistance levels.