ABEONA THERAPEUTICS INC (ABEO) Stock Technical Analysis
NASDAQ:ABEO - Nasdaq - US00289Y2063 - Common Stock - Currency: USD
Overall ABEO gets a technical rating of 4 out of 10. In the last year, ABEO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
78% of all other stocks performed better in the past year than ABEO.
The long and short term trends are both positive. This is looking good!
ABEO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ABEO is an average performer in the Biotechnology industry, it outperforms 64% of 571 stocks in the same industry.
ABEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABEO is lagging the market.
ABEO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.98. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.53
6.09
We found 5 important support areas.
- A support zone ranging from 5.68 to 5.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.48 from a trend line in the weekly time frame.
- A support zone ranging from 5.21 to 5.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.08 from a horizontal line in the daily time frame.
- Support @3.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.98 to 6.03. 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
CRS22.63
Mansfield-0.66
10 Day High6.16
10 Day Low5.58
20 Day High6.16
20 Day Low5.17
52 Week High9.01
52 Week Low3.05
Performance
1 Week-2.53%
2 Weeks-1.7%
1 Month10.1%
3 Month-3.34%
6 Month4.81%
12 Month-17.19%
2 Year152.4%
3 Year-10.39%
5 Year-92.49%
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)52.03
LBB5.56
UBB6.09
NASDAQ:ABEO (2/21/2025, 8:00:00 PM)
5.78
-0.04 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.69%
1 Week-2.53%
2 Weeks-1.7%
1 Month10.1%
3 Month-3.34%
6 Month4.81%
12 Month-17.19%
2 Year152.4%
3 Year-10.39%
5 Year-92.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%4.07%
ATR Inc-42.83%
Range Today0.15
ADR(20)0.24
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.63
Mansfield-0.66
10 Day High6.16
10 Day Low5.58
20 Day High6.16
20 Day Low5.17
52 Week High9.01
52 Week Low3.05
CS1 End5.75
CR1 Start5.98
Volume & EV
DER(3)-5.08%
DER(5)-5.91%
Volume168.50K
Volume Incr-11.72%
Vol(5)240.88K
Vol(50)250.25K