AQUABOUNTY TECHNOLOGIES (AQB) Stock Technical Analysis
NASDAQ:AQB - US03842K3095 - Common Stock
0.75 USD
+0.03 (+4.17%)
0.7396 USD
-0.01 (-1.39%)
Taking everything into account, AQB scores 0 out of 10 in our technical rating. AQB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AQB is a bad performer in the overall market: 88% of all stocks are doing better.
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 part of the Biotechnology industry. There are 549 other stocks in this industry, AQB did better than 42% of them.
In the last month AQB has a been trading in the 0.70 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 very little resistance above the current price. There is a support zone below the current price at 0.75, 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
0.64
1.02
We found 3 important support areas.
- A support zone ranging from 0.73 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @0.79 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.85 from a horizontal line in the weekly time frame.
- Resistance @1.01 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 | 12.79 | NEGATIVE | AQB has a low relative strength, it was outperformed by 87.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AQB is above 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) | DOWN | NEGATIVE | The current price of AQB is below a declining 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. |
| Stochastics (14,3) | 36.38 | NEUTRAL | The Stochastics value for AQB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for AQB suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for AQB suggests a possible start of a new 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)
0.75
+0.03 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.17%
1 Week4.17%
2 Weeks0.25%
1 Month-5.99%
3 Month-11.6%
6 Month4.2%
12 Month-16.57%
2 Year-86.31%
3 Year-96.87%
5 Year-98.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.63%
ATR Inc-29.24%
Range Today0.03
ADR(20)0.03
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-1.74
10 Day High0.78
10 Day Low0.7
20 Day High0.8
20 Day Low0.7
52 Week High1.62
52 Week Low0.47
CS1 End0.75
CR1 Start0.79
Volume & EV
DER(3)8.51%
DER(5)10.54%
Volume21.20K
Volume Incr-47.08%
Vol(5)17.18K
Vol(50)114.93K