ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FAP - SGXZ44536704
Overall FAP gets a technical rating of 0 out of 10. FAP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, FAP is a bad performer in the overall market: 85% of all stocks are doing better.
- In the last month FAP has a been trading in the 2.64 - 2.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAP is lagging the market.
Although the technical rating is bad, FAP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.79, a Stop Loss order could be placed below this zone.
More info and screens
2.67
2 important support areas can be observed.
- A support zone ranging from 2.75 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.70 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.81 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.96 to 2.98. 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 | DOWN | NEGATIVE | The long term trend for FAP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAP.CA is down. |
| ChartMill Relative Strength | 15.98 | NEGATIVE | FAP.CA has a low relative strength, it was outperformed by 84.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for FAP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FAP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.16 | OVERBOUGHT | The high Stochastics value suggests FAP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for FAP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 52.94 | POSITIVE | The high ADX value value for FAP.CA suggests a strong trend. |
TSX:FAP (1/26/2026, 7:00:00 PM)
2.8
-0.01 (-0.36%)
ABRDN ASIA-PACIFIC INCOME FU / FAP.CA FAQ
What is the ChartMill technical rating of ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to FAP.CA.
What is the current trend direction of ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) stock?
The current trend direction for ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) is Bearish.
Can you provide the RSI signal for ABRDN ASIA-PACIFIC INCOME FU?
ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) has an RSI value of 40.2397. This indicates that the stock is currently neutral.
What is the short term momentum for FAP stock?
The short term momentum for ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) is negative.
What is the buy/sell signal for FAP stock?
The buy/sell signal for ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) is sell as both the short term and long term trends are negative.