ARRIVENT BIOPHARMA INC (AVBP) Technical Analysis
NASDAQ:AVBP • US04272N1028
Current stock price
22.18 USD
+0.16 (+0.73%)
At close:
22.34 USD
+0.16 (+0.72%)
Pre-Market:
AVBP Technical Rating and Analysis
Overall AVBP gets a technical rating of 3 out of 10. In the last year, AVBP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month AVBP has a been trading in the 21.73 - 27.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, AVBP outperforms 69% of them, which is more or less in line with the market.
- AVBP is an average performer in the Biotechnology industry, it outperforms 56% of 519 stocks in the same industry.
- AVBP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AVBP is lagging the market slightly.
AVBP Weekly and Daily overview Charts
AVBP Setup Rating and Analysis
Although the technical rating is bad, AVBP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 20.54, a Stop Loss order could be placed below this zone.
More info and screens
AVBP Support and Resistance Analysis
17.27
25.58
4 important support areas can be observed.
- A support zone ranging from 20.52 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.66 to 19.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.99 from a horizontal line in the weekly time frame.
- Support @17.44 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @24.69 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.22 to 25.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
AVBP 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 | 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 | 69.48 | NEUTRAL | AVBP is not amongst the best or worst performers 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) | UP | MIXED | The current price of AVBP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AVBP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.63 | NEUTRAL | The RSI value for AVBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests AVBP has a negative trend. |
| Stochastics (14,3) | 9.5 | OVERSOLD | The low Stochastics value suggests AVBP may be oversold. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for AVBP suggests high volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for AVBP suggests a weak or negative trend. |
AVBP Chart- and CandleStick Pattern Analysis
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)
AVBP Technicals: Chart, Performance Metrics, Trend & Indicators
22.18
+0.16 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.73%
1 Week-8.76%
2 Weeks-10.6%
1 Month-5.54%
3 Month0.96%
6 Month23.02%
12 Month17.04%
2 Year24.19%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%7.25%
ATR Inc-42.33%
Range Today0.99
ADR(20)1.57
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.48
3 months CRS71.42
6 months CRS89.53
Mansfield0.32
10 Day High26.86
10 Day Low21.73
20 Day High27.22
20 Day Low21.73
52 Week High27.22
52 Week Low15.47
CS1 End20.54
CR1 Start24.69
Volume & EV
DER(3)1.06%
DER(5)0.65%
Volume494.40K
Volume Incr7.04%
Vol(5)584.46K
Vol(50)520.00K
ARRIVENT BIOPHARMA INC / AVBP TA FAQ
Can you provide the ChartMill technical rating for ARRIVENT BIOPHARMA INC?
ChartMill assigns a technical rating of 3 / 10 to AVBP.
What is the current trend direction of ARRIVENT BIOPHARMA INC (AVBP) stock?
The current trend direction for ARRIVENT BIOPHARMA INC (AVBP) is Bearish.
What is the RSI signal for ARRIVENT BIOPHARMA INC (AVBP) stock?
ARRIVENT BIOPHARMA INC (AVBP) has an RSI value of 42.6309. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARRIVENT BIOPHARMA INC?
The short term momentum for ARRIVENT BIOPHARMA INC (AVBP) is negative.