ABRDN ASIA-PACIFIC INCOME FU (FAP.CA) Stock Technical Analysis
TSX:FAP - Toronto Stock Exchange - SGXZ44536704 - Currency: CAD
We assign a technical rating of 6 out of 10 to FAP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FAP is only an average performer.
In the last month FAP has a been trading in the 2.79 - 3.04 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
FAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, FAP outperforms 44% of them, which is more or less in line with the market.
Although the technical rating is only medium, FAP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
2.47
2.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.74 to 2.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.65 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.49 to 2.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.89 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.2
Mansfield-0.32
10 Day High2.96
10 Day Low2.86
20 Day High3.04
20 Day Low2.79
52 Week High3.04
52 Week Low0
Performance
1 Week-2.05%
2 Weeks-1.04%
1 Month2.51%
3 Month2.51%
6 Month4.38%
12 Month5.15%
2 Year6.72%
3 Year-5.61%
5 Year-16.13%
10 Year-46.24%
15 Year-57.5%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)48.23
LBB2.85
UBB2.94
ABRDN ASIA-PACIFIC INCOME FU
TSX:FAP (2/11/2025, 7:00:00 PM)
2.86
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-2.05%
2 Weeks-1.04%
1 Month2.51%
3 Month2.51%
6 Month4.38%
12 Month5.15%
2 Year6.72%
3 Year-5.61%
5 Year-16.13%
10 Year-46.24%
15 Year-57.5%
Volatility
ATR(14)0.03
ATR(20)%1.3%
ATR Inc-48.15%
Range Today0.01
ADR(20)0.04
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.2
Mansfield-0.32
10 Day High2.96
10 Day Low2.86
20 Day High3.04
20 Day Low2.79
52 Week High3.04
52 Week Low0
CS1 End2.77
CR1 Start2.89
Volume & EV
DER(3)-3.41%
DER(5)-4.45%
Volume53.71K
Volume Incr-31.81%
Vol(5)72.59K
Vol(50)62.10K