ABACUS GLOBAL MGMT INC - ABL 9 7/8 11/15/28 (ABLLL) Stock Technical Analysis
NASDAQ:ABLLL - Nasdaq - US00258Y2037 - Currency: USD
We assign a technical rating of 1 out of 10 to ABLLL. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
ABLLL is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so ABLLL is not an exception.
Warning: ABLLL has an average volume of 27810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ABLLL has a been trading in the 24.09 - 25.93 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, ABLLL outperforms 57% of them, which is more or less in line with the market.
ABLLL is an average performer in the Insurance industry, it outperforms 43% of 143 stocks in the same industry.
ABLLL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.25, a Stop Loss order could be placed below this zone.
More info and screens
24.19
27.06
When analyzing the support we notice one important area.
- A support zone ranging from 24.43 to 25.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.54 to 25.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.79 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
CRS57.58
Mansfield0.58
10 Day High25.7
10 Day Low24.88
20 Day High25.93
20 Day Low24.09
52 Week High38.5
52 Week Low24.09
Performance
1 Week0.51%
2 Weeks0.55%
1 Month-1.21%
3 Month-8.37%
6 Month-5.78%
12 Month-0.4%
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)0.09
RSI(14)45.78
LBB24.76
UBB25.69
ABACUS GLOBAL MGMT INC - ABL 9 7/8 11/15/28
NASDAQ:ABLLL (4/21/2025, 8:00:00 PM)
25.289
-0.24 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.94%
1 Week0.51%
2 Weeks0.55%
1 Month-1.21%
3 Month-8.37%
6 Month-5.78%
12 Month-0.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%2%
ATR Inc-16.21%
Range Today0.45
ADR(20)0.49
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.58
Mansfield0.58
10 Day High25.7
10 Day Low24.88
20 Day High25.93
20 Day Low24.09
52 Week High38.5
52 Week Low24.09
CS1 End25.25
CR1 Start25.54
Volume & EV
DER(3)0.13%
DER(5)-0.95%
Volume6.10K
Volume Incr-91.69%
Vol(5)5.18K
Vol(50)27.81K