ABRDN GLOBAL PREMIER PROPERT (AWP) Stock Technical Analysis
NYSE:AWP - New York Stock Exchange, Inc. - US00302L1089 - Currency: USD
Taking everything into account, AWP scores 4 out of 10 in our technical rating. In the past year, AWP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
AWP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.49
3 important support areas can be observed.
- A support zone ranging from 3.82 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.59 to 3.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.00 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AWP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AWP is up. |
| ChartMill Relative Strength | 55.51 | NEUTRAL | AWP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AWP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AWP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AWP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.94 | NEUTRAL | The RSI value for AWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AWP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.01 | NEUTRAL | The Stochastics value for AWP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for AWP suggests low volalility. |
| Average Directional Index/ADX (14) | 8.7 | NEGATIVE | The low ADX value for AWP suggests a weak or negative trend. |
3.95
+0.02 (+0.51%)