We assign a technical rating of 1 out of 10 to NNNN. NNNN'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.
- When comparing the yearly performance of all stocks, NNNN is a bad performer in the overall market: 100% of all stocks are doing better.
- NNNN is one of the lesser performing stocks in the Biotechnology industry. 92% of 524 stocks in the same industry do better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month NNNN has a been trading in the 18.50 - 44.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NNNN has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
15.07
We found 3 important support areas.
- A support zone ranging from 21.91 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.65 from a trend line in the daily time frame.
- Support @15.22 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @39.70 from a trend line in the daily time frame.
- Resistance @40.83 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for NNNN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNNN is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NNNN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNNN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NNNN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NNNN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.43 | NEUTRAL | The RSI value for NNNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.17 | NEGATIVE | The MACD value suggests NNNN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.61 | NEUTRAL | The Stochastics value for NNNN is a neutral value. |
| Average True Range in percent/ATR (20) | 25.15 | HIGH VOLATILITY | The high ATR as a percentage value for NNNN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.19 | POSITIVE | The high ADX value value for NNNN suggests a strong trend. |
24.66
+2.75 (+12.55%)
ANBIO BIOTECHNOLOGY LTD / NNNN FAQ
Can you provide the ChartMill technical rating for ANBIO BIOTECHNOLOGY LTD?
ChartMill assigns a technical rating of 1 / 10 to NNNN.
What is the trend direction for NNNN stock?
The current trend direction for ANBIO BIOTECHNOLOGY LTD (NNNN) is Bearish.
Can you provide the RSI signal for ANBIO BIOTECHNOLOGY LTD?
ANBIO BIOTECHNOLOGY LTD (NNNN) has an RSI value of 44.4295. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANBIO BIOTECHNOLOGY LTD?
The MACD indicator for ANBIO BIOTECHNOLOGY LTD (NNNN) has a value of -1.16653, indicating a bearish trend.
What is the short term momentum for NNNN stock?
The short term momentum for ANBIO BIOTECHNOLOGY LTD (NNNN) is neutral.