ARRIVENT BIOPHARMA INC (AVBP) Stock Technical Analysis
USA - NASDAQ:AVBP - US04272N1028 - Common Stock
18.49 USD
-1.1 (-5.62%)
18.49 USD
0 (0%)
Taking everything into account, AVBP scores 4 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. AVBP was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than AVBP.
AVBP is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 69% are performing better than AVBP.
AVBP 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 and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month AVBP has a been trading in the 17.04 - 21.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVBP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.78
22.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.65 to 17.91. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @17.32 from a trend line in the daily time frame.
- A support zone ranging from 16.95 to 17.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.21 to 20.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.70 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.68 from a trend line in the daily time frame.
- Resistance @22.23 from a trend line in the weekly 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 AVBP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVBP is neutral. |
| ChartMill Relative Strength | 10.43 | NEGATIVE | AVBP has a low relative strength, it was outperformed by 89.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AVBP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AVBP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.12 | NEUTRAL | The RSI value for AVBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AVBP has a negative trend. |
| Stochastics (14,3) | 39.35 | NEUTRAL | The Stochastics value for AVBP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AVBP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for AVBP suggests a weak or negative 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)
18.49
-1.1 (-5.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.62%
1 Week-2.05%
2 Weeks1.45%
1 Month7.22%
3 Month-7.51%
6 Month-5.91%
12 Month-38.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%4.85%
ATR Inc-16.54%
Range Today1.15
ADR(20)0.94
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.43
3 months CRS19.53
6 months CRS16.07
Mansfield-2.29
10 Day High21.86
10 Day Low19
20 Day High21.86
20 Day Low17.04
52 Week High36.37
52 Week Low15.47
CS1 End17.91
CR1 Start19.76
Volume & EV
DER(3)-3.57%
DER(5)-1.1%
Volume222.28K
Volume Incr-26.32%
Vol(5)261.98K
Vol(50)316.42K