ABACUS LIFE INC (ABL)
US00258Y1047 - Common Stock
We assign a technical rating of 0 out of 10 to ABL. ABL 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.
When comparing the yearly performance of all stocks, ABL is a bad performer in the overall market: 88% of all stocks are doing better.
ABL is part of the Insurance industry. There are 140 other stocks in this industry, of which 89% are performing better than ABL.
ABL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABL is lagging the market.
In the last month ABL has a been trading in the 7.42 - 8.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ABL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.80, a Stop Loss order could be placed below this zone.
More info and screens
7.43
10.89
We found 2 important support areas.
- A support zone ranging from 7.70 to 7.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.50 to 7.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.03 from a horizontal line in the daily time frame.
- Resistance @9.57 from a trend line in the daily time frame.
- Resistance @10.78 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-3.03
10 Day High8.03
10 Day Low7.42
20 Day High8.13
20 Day Low7.42
52 Week High13.25
52 Week Low7.07
Performance
1 Week-0.25%
2 Weeks4.64%
1 Month0%
3 Month-18.56%
6 Month-10.23%
12 Month-24.18%
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)0.05
RSI(14)49.18
LBB7.48
UBB8.02
ABACUS LIFE INC
NASDAQ:ABL (1/3/2025, 8:18:00 PM)
After market: 7.9 0 (0%)7.9
+0.16 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.07%
1 Week-0.25%
2 Weeks4.64%
1 Month0%
3 Month-18.56%
6 Month-10.23%
12 Month-24.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4%
ATR Inc-25.25%
Range Today0.13
ADR(20)0.31
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-3.03
10 Day High8.03
10 Day Low7.42
20 Day High8.13
20 Day Low7.42
52 Week High13.25
52 Week Low7.07
CS1 End7.8
CR1 Start9.03
Volume & EV
DER(3)2.25%
DER(5)1.69%
Volume67.10K
Volume Incr-37.39%
Vol(5)158.40K
Vol(50)222.22K