Overall FAX gets a technical rating of 5 out of 10. FAX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the performance of all stocks over the past year, FAX turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- FAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAX is lagging the market.
- In the last month FAX has a been trading in a tight range between 15.07 and 15.83.
FAX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.64, 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
14.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.29 to 15.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.38 to 16.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.74 to 16.80. 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 FAX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAX is up. |
| ChartMill Relative Strength | 46.83 | NEUTRAL | FAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FAX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for FAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.37 | OVERBOUGHT | The high Stochastics value suggests FAX may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for FAX suggests low volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for FAX suggests a possible start of a new trend. |
15.66
-0.04 (-0.25%)
ABRDN ASIA-PACIFIC INCOME / FAX FAQ
What is the technical rating for FAX stock?
ChartMill assigns a technical rating of 5 / 10 to FAX.
What is the trend direction for FAX stock?
The current trend direction for ABRDN ASIA-PACIFIC INCOME (FAX) is Bearish.
Can you provide the RSI signal for ABRDN ASIA-PACIFIC INCOME?
ABRDN ASIA-PACIFIC INCOME (FAX) has an RSI value of 57.9623. This indicates that the stock is currently neutral.
What is the MACD signal for ABRDN ASIA-PACIFIC INCOME (FAX) stock?
The MACD indicator for ABRDN ASIA-PACIFIC INCOME (FAX) has a value of 0.0247501, indicating a bearish trend.
Can you provide the short term momentum for ABRDN ASIA-PACIFIC INCOME?
The short term momentum for ABRDN ASIA-PACIFIC INCOME (FAX) is positive.