ABRDN ASIA-PACIFIC INCOME (FAX)

US0030091070

16.35  -0.24 (-1.45%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FAX. FAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

69% of all other stocks performed better in the past year than FAX.
FAX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
In the last month FAX has a been trading in a tight range between 16.24 and 17.10.
Considerably lower volume is observed in the last couple of days.
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

15.50

17.69

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 16.02 to 16.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @15.66 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 16.60 to 16.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.28 to 17.51. 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
CRS31.35
Mansfield-0.86
10 Day High17.02
10 Day Low16.24
20 Day High17.1
20 Day Low16.24
52 Week High17.55
52 Week Low14.88
Performance
1 Week-1.09%
2 Weeks-3.71%
1 Month-3.99%
3 Month-3.37%
6 Month5.62%
12 Month7.28%
2 Year4.01%
3 Year-32.55%
5 Year-36.33%
10 Year-53.02%
15 Year-58.08%
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)-0.05
RSI(14)35.95
LBB16.22
UBB17.14
FAX Daily chart

ABRDN ASIA-PACIFIC INCOME

NYSEARCA:FAX (11/4/2024, 8:04:00 PM)

16.35

-0.24 (-1.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.45%
1 Week-1.09%
2 Weeks-3.71%
1 Month-3.99%
3 Month-3.37%
6 Month5.62%
12 Month7.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%1.13%
ATR Inc
Range Today0.27
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 High17.02
10 Day Low16.24
20 Day High17.1
20 Day Low16.24
52 Week High17.55
52 Week Low14.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume109.12K
Volume Incr-0.77%
Vol(5)122.31K
Vol(50)247.28K