ABRDN ASIA-PACIFIC INCOME (FAX) Stock Technical Analysis
NYSEARCA:FAX - US0030098679
16.215 USD
-0.04 (-0.22%)
We assign a technical rating of 5 out of 10 to FAX. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FAX is a bad performer.
When comparing the yearly performance of all stocks, FAX is a bad performer in the overall market: 68% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 16.00 and 16.64.
Although the technical rating is only medium, FAX does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
14.20
16.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.70 to 16.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.34 from a horizontal line in the daily time frame.
- A support zone ranging from 14.34 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.30 to 16.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 FAX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FAX is neutral. |
| ChartMill Relative Strength | 32.36 | NEUTRAL | FAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FAX is below 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) | DOWN | MIXED | The current price of FAX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for FAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FAX has a negative trend. |
| Stochastics (14,3) | 20.91 | NEUTRAL | The Stochastics value for FAX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for FAX suggests low volalility. |
| Average Directional Index/ADX (14) | 26.73 | POSITIVE | The high ADX value value for FAX suggests a strong trend. |
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)
NYSEARCA:FAX (8/28/2025, 10:36:01 AM)
16.215
-0.04 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week-1.46%
2 Weeks-1.81%
1 Month0.56%
3 Month4.3%
6 Month4.23%
12 Month-4.3%
2 Year3.37%
3 Year-5.96%
5 Year-34.42%
10 Year-39.81%
15 Year-59.09%
Volatility
ATR(14)0.18
ATR(20)%1.05%
ATR Inc10.5%
Range Today0.12
ADR(20)0.17
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.36
Mansfield-0.71
10 Day High16.64
10 Day Low16.16
20 Day High16.64
20 Day Low16
52 Week High17.55
52 Week Low13.99
CS1 End16.11
CR1 Start16.3
Volume & EV
DER(3)2.83%
DER(5)1.21%
Volume49.53K
Volume Incr25.04%
Vol(5)175.56K
Vol(50)150.22K