Overall AVBP gets a technical rating of 1 out of 10. In the last year, AVBP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, AVBP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
17.15
We found 7 important support areas.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for AVBP is down. |
| ChartMill Relative Strength | 23.77 | NEGATIVE | AVBP has a low relative strength, it was outperformed by 76.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.69 | NEUTRAL | The RSI value for AVBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests AVBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.44 | OVERSOLD | The low Stochastics value suggests AVBP may be oversold. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for AVBP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.61 | NEGATIVE | The low ADX value for AVBP suggests a weak or negative trend. |
21.62
+0.54 (+2.56%)
ChartMill assigns a technical rating of 1 / 10 to AVBP.
The current trend direction for ARRIVENT BIOPHARMA INC (AVBP) is Bearish.
ARRIVENT BIOPHARMA INC (AVBP) has an RSI value of 47.6861. This indicates that the stock is currently neutral.
The short term momentum for ARRIVENT BIOPHARMA INC (AVBP) is negative.