ARRIVENT BIOPHARMA INC (AVBP) Technical Analysis
NASDAQ:AVBP • US04272N1028
Current stock price
AVBP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to AVBP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVBP is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, AVBP did better than 87% of all other stocks.
- AVBP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AVBP has a been trading in the 20.72 - 31.93 range, which is quite wide. It is currently trading near the high of this range.
- AVBP is part of the Biotechnology industry. There are 516 other stocks in this industry, AVBP did better than 66% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVBP Weekly and Daily overview Charts
AVBP Setup Rating and Analysis
Although AVBP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AVBP Support and Resistance Analysis
17.81
We found 4 important support areas.
- Support @22.11 from a trend line in the weekly time frame.
- A support zone ranging from 21.08 to 21.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.24 from a trend line in the weekly time frame.
- Support @17.99 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for AVBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVBP is up. |
| ChartMill Relative Strength | 87.88 | POSITIVE | AVBP has a high relative strength, it outperformed 87.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVBP is above the rising 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) | 75.12 | OVERBOUGHT | The high RSI value suggests AVBP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests AVBP has a positive trend. |
| Stochastics (14,3) | 94.33 | OVERBOUGHT | The high Stochastics value suggests AVBP may be overbought. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for AVBP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.38 | POSITIVE | The high ADX value value for AVBP suggests a strong trend. |
AVBP Chart- and CandleStick Pattern Analysis
AVBP Technicals: Chart, Performance Metrics, Trend & Indicators
31.39
+1.75 (+5.9%)
ARRIVENT BIOPHARMA INC / AVBP TA FAQ
Can you provide the ChartMill technical rating for ARRIVENT BIOPHARMA INC?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for ARRIVENT BIOPHARMA INC?
ARRIVENT BIOPHARMA INC (AVBP) has an RSI value of 75.1196. This indicates that the stock is currently overbought.
What is the MACD signal for ARRIVENT BIOPHARMA INC (AVBP) stock?
The MACD indicator for ARRIVENT BIOPHARMA INC (AVBP) has a value of 0.676345, indicating a bearish trend.
What is the short term momentum for ARRIVENT BIOPHARMA INC (AVBP) stock?
The short term momentum for ARRIVENT BIOPHARMA INC (AVBP) is positive.