AMERICAN BATTERY TECHNOLOGY (ABAT) Stock Technical Analysis
NASDAQ:ABAT - Nasdaq - US02451V3096 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ABAT. ABAT 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.
81% of all other stocks performed better in the past year than ABAT.
ABAT is part of the Metals & Mining industry. There are 151 other stocks in this industry, of which 74% are performing better than ABAT.
ABAT is currently trading near the lower end of its 52 week range, which is not a good sign. ABAT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ABAT has a been trading in the 0.86 - 1.42 range, which is quite wide. It is currently trading near the lows of this range.
ABAT has an average volume of 5844990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
ABAT has a poor technical rating and the quality of the setup is also not perfect 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
0.91
1.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.02 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.78
Mansfield-2.43
10 Day High1.08
10 Day Low0.86
20 Day High1.42
20 Day Low0.86
52 Week High4.11
52 Week Low0.73
Performance
1 Week1%
2 Weeks2.01%
1 Month-25.19%
3 Month13.74%
6 Month-2.88%
12 Month-50.97%
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)0.01
RSI(14)39.53
LBB0.87
UBB1.2
1.01
+0.01 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1%
1 Week1%
2 Weeks2.01%
1 Month-25.19%
3 Month13.74%
6 Month-2.88%
12 Month-50.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%11.21%
ATR Inc-31.91%
Range Today0.11
ADR(20)0.11
ADR(20)%10.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.78
Mansfield-2.43
10 Day High1.08
10 Day Low0.86
20 Day High1.42
20 Day Low0.86
52 Week High4.11
52 Week Low0.73
CS1 End1
CR1 Start1.02
Volume & EV
DER(3)-1.15%
DER(5)-3.64%
Volume865.40K
Volume Incr-36.03%
Vol(5)1.05M
Vol(50)5.84M