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.
- 78% of all other stocks performed better in the past year 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month AQB has a been trading in the 0.77 - 1.09 range, which is quite wide. It is currently trading near the high of this range.
- AQB is an average performer in the Biotechnology industry, it outperforms 48% of 528 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
0.80
3 important support areas can be observed.
- A support zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.85 from a horizontal line in the weekly time frame.
- Support @0.81 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @1.07 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 | 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
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AQUABOUNTY TECHNOLOGIES / AQB FAQ
Can you provide the ChartMill technical rating for AQUABOUNTY TECHNOLOGIES?
ChartMill assigns a technical rating of 3 / 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 53.0039. 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 0.0198375, indicating a bearish trend.
What is the support and resistance level for AQB stock?
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.