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ABACUS LIFE INC - ABL 9 7/8 11/15/28 (ABLLL) Stock Technical Analysis

NASDAQ:ABLLL - Nasdaq - US00258Y2037

26.67  +0.03 (+0.11%)

Technical Rating and Analysis

2

Taking everything into account, ABLLL scores 2 out of 10 in our technical rating. ABLLL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ABLLL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ABLLL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ABLLL has an average volume of 28112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ABLLL outperforms 52% of them, which is more or less in line with the market.
ABLLL is an average performer in the Insurance industry, it outperforms 46% of 144 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ABLLL Weekly chart
ABLLL Daily chart
Setup Rating and Analysis

6

ABLLL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ABLLL in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

24.55

27.72

We found 2 important support areas.

  • A support zone ranging from 26.05 to 26.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 24.80 to 25.63. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.68 to 27.45. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS52.57
Mansfield-0.61
10 Day High38.5
10 Day Low25.41
20 Day High38.5
20 Day Low25.41
52 Week High38.5
52 Week Low24.68
Performance
1 Week4.06%
2 Weeks-12.27%
1 Month-0.04%
3 Month-0.3%
6 Month2.79%
12 Month5.17%
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)-0.53
RSI(14)45.82
LBB23.42
UBB35.35
ABLLL Daily chart

ABACUS LIFE INC - ABL 9 7/8 11/15/28

NASDAQ:ABLLL (1/17/2025, 8:00:00 PM)

26.67

+0.03 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.11%
1 Week4.06%
2 Weeks-12.27%
1 Month-0.04%
3 Month-0.3%
6 Month2.79%
12 Month5.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.75
ATR(20)%10.44%
ATR Inc-85.89%
Range Today0.39
ADR(20)2.64
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.57
Mansfield-0.61
10 Day High38.5
10 Day Low25.41
20 Day High38.5
20 Day Low25.41
52 Week High38.5
52 Week Low24.68
CS1 End26.2
CR1 Start26.68
Volume & EV
DER(3)28.86%
DER(5)18.56%
Volume10.20K
Volume Incr-78.43%
Vol(5)13.58K
Vol(50)28.11K