Taking everything into account, ABLV scores 6 out of 10 in our technical rating. ABLV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
ABLV 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.
ABLV is part of the Media industry. There are 92 other stocks in this industry. ABLV outperforms 94% of them.
In the last month ABLV has a been trading in the 0.61 - 1.74 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, ABLV did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.