ABIOMED INC (ABMD) Stock Technical Analysis
NASDAQ:ABMD - Nasdaq - US0036541003 - Common Stock - Currency: USD
Overall ABMD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ABMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ABMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 93% of 191 stocks in the same industry.
ABMD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
ABMD has an average volume of 1743390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ABMD did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ABMD has a been trading in a tight range between 376.55 and 381.80.
Volume is considerably higher in the last couple of days.
ABMD has an excellent technical rating and also presents 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 381.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 380.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
245.03
385.12
4 important support areas can be observed.
- A support zone ranging from 372.78 to 380.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @260.15 from a trend line in the weekly time frame.
- Support @253.68 from a trend line in the daily time frame.
- Support @247.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 381.03 to 381.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield3.67
10 Day High381.8
10 Day Low379.98
20 Day High381.8
20 Day Low376.55
52 Week High381.99
52 Week Low219.85
Performance
1 Week0.24%
2 Weeks0.85%
1 Month0.8%
3 Month55.18%
6 Month49.23%
12 Month8.18%
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)-2.68
RSI(14)76.23
LBB377.13
UBB382.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 381.32 | 379.97 | 1.35 (0.35%) | 25.00% |
| An entry @381.32. This is a Buy Stop order right above the resistance zone. | An exit @379.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.35 points, which is 0.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- The distance between exit and entry is rather small compared to the average daily movement of ABMD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
381.02
+0.23 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.06%
1 Week0.24%
2 Weeks0.85%
1 Month0.8%
3 Month55.18%
6 Month49.23%
12 Month8.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%0.3%
ATR Inc-38.31%
Range Today0.77
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.07
Mansfield3.67
10 Day High381.8
10 Day Low379.98
20 Day High381.8
20 Day Low376.55
52 Week High381.99
52 Week Low219.85
CS1 End380.62
CR1 Start381.03
Volume & EV
DER(3)-0.21%
DER(5)1.46%
Volume20.61M
Volume Incr355.61%
Vol(5)5.35M
Vol(50)1.74M