ABRDN ASIA-PACIFIC INCOME FU (FAX)

US0030091070

2.53  -0.05 (-1.94%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FAX. FAX 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, FAX is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month FAX has a been trading in the 2.50 - 2.80 range, which is quite wide. It is currently trading near the lows of this range.
FAX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FAX is lagging the market slightly.
Weekly and Daily overview Charts
FAX Weekly chart
FAX Daily chart
Setup Rating and Analysis

3

The technical rating of FAX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.34

2.86

When analyzing the support we notice one important area.

  • A support zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.66 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.73 to 2.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.52
Mansfield-1.36
10 Day High2.7
10 Day Low2.5
20 Day High2.8
20 Day Low2.5
52 Week High2.84
52 Week Low2.33
Performance
1 Week-2.32%
2 Weeks-5.6%
1 Month-8%
3 Month-3.8%
6 Month5.86%
12 Month-6.99%
2 Year-20.94%
3 Year-40.61%
5 Year-38.59%
10 Year-59.46%
15 Year-48.89%
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)26.71
LBB2.51
UBB2.73
FAX Daily chart

ABRDN ASIA-PACIFIC INCOME FU

NYSEARCA:FAX (4/24/2024, 7:04:00 PM)

2.53

-0.05 (-1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.94%
1 Week-2.32%
2 Weeks-5.6%
1 Month-8%
3 Month-3.8%
6 Month5.86%
12 Month-6.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%1.9%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.7
10 Day Low2.5
20 Day High2.8
20 Day Low2.5
52 Week High2.84
52 Week Low2.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.71M
Volume Incr5.33%
Vol(5)859.86K
Vol(50)710.64K