AMERICAN BATTERY TECHNOLOGY (ABAT)

US02451V3096 - Common Stock

1.11  0 (0%)

After market: 1.11 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, ABAT scores 4 out of 10 in our technical rating. ABAT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, ABAT is a bad performer in the overall market: 92% of all stocks are doing better.
ABAT is one of the lesser performing stocks in the Metals & Mining industry. 90% of 156 stocks in the same industry do better.
ABAT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ABAT is lagging the market.
In the last month ABAT has a been trading in the 0.76 - 1.26 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABAT has an average volume of 1466490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ABAT Weekly chart
ABAT Daily chart
Setup Rating and Analysis

3

ABAT has an average technical rating and it also does not offer a high 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

0.87

1.13

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 0.94 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.88 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 1.12 to 1.12. 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
CRS8.47
Mansfield-3.65
10 Day High1.26
10 Day Low0.83
20 Day High1.26
20 Day Low0.76
52 Week High5.55
52 Week Low0.73
Performance
1 Week17.25%
2 Weeks25%
1 Month46.05%
3 Month6.73%
6 Month7.77%
12 Month-80.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.02
RSI(14)64.64
LBB0.79
UBB1.1
ABAT Daily chart

AMERICAN BATTERY TECHNOLOGY

NASDAQ:ABAT (12/20/2024, 8:00:00 PM)

After market: 1.11 0 (0%)

1.11

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week17.25%
2 Weeks25%
1 Month46.05%
3 Month6.73%
6 Month7.77%
12 Month-80.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%11.33%
ATR Inc159.14%
Range Today0.25
ADR(20)0.12
ADR(20)%11.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.47
Mansfield-3.65
10 Day High1.26
10 Day Low0.83
20 Day High1.26
20 Day Low0.76
52 Week High5.55
52 Week Low0.73
CS1 End0.96
CR1 Start1.12
Volume & EV
DER(3)-1.95%
DER(5)-2.85%
Volume6.99M
Volume Incr1608.09%
Vol(5)10.48M
Vol(50)1.47M