ABACUS LIFE INC (ABL) Stock Technical Analysis
NASDAQ:ABL - Nasdaq - US00258Y1047 - Common Stock - Currency: USD
Taking everything into account, ABL scores 0 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
81% of all other stocks performed better in the past year than ABL.
ABL is part of the Insurance industry. There are 144 other stocks in this industry, of which 87% are performing better than ABL.
ABL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ABL has a been trading in the 7.11 - 8.06 range, which is quite wide. It is currently trading near the lows of this range.
ABL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.02, a Stop Loss order could be placed below this zone.
More info and screens
6.84
9.14
We found 1 important support area.
- A support zone ranging from 6.91 to 7.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.55 to 8.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.67 from a trend line in the weekly time frame.
- Resistance @9.05 from a trend 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
CRS19.2
Mansfield-2.51
10 Day High8.06
10 Day Low7.11
20 Day High8.06
20 Day Low7.11
52 Week High12.65
52 Week Low6.75
Performance
1 Week-4.5%
2 Weeks-3.63%
1 Month-6.31%
3 Month-6.31%
6 Month-26%
12 Month-32.58%
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)44.82
LBB7.24
UBB7.91
7.43
-0.11 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.46%
1 Week-4.5%
2 Weeks-3.63%
1 Month-6.31%
3 Month-6.31%
6 Month-26%
12 Month-32.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%4.89%
ATR Inc20.66%
Range Today0.39
ADR(20)0.36
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.2
Mansfield-2.51
10 Day High8.06
10 Day Low7.11
20 Day High8.06
20 Day Low7.11
52 Week High12.65
52 Week Low6.75
CS1 End7.02
CR1 Start7.55
Volume & EV
DER(3)-2.79%
DER(5)-3.18%
Volume117.10K
Volume Incr-30.33%
Vol(5)149.24K
Vol(50)200.75K