ACUMEN PHARMACEUTICALS INC (ABOS) Stock Technical Analysis
NASDAQ:ABOS - Nasdaq - US00509G2093 - Common Stock - Currency: USD
Taking everything into account, ABOS scores 0 out of 10 in our technical rating. ABOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than ABOS.
ABOS is one of the lesser performing stocks in the Biotechnology industry. 63% of 568 stocks in the same industry do better.
ABOS is currently trading near the lower end of its 52 week range, which is not a good sign. ABOS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ABOS has a been trading in the 0.86 - 1.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ABOS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.05, a Stop Loss order could be placed below this zone.
More info and screens
0.97
1.83
3 important resistance areas can be observed.
- A resistance zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.12 from a horizontal line in the daily time frame.
- Resistance @1.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-4.82
10 Day High1.17
10 Day Low0.86
20 Day High1.28
20 Day Low0.86
52 Week High3.92
52 Week Low0.86
Performance
1 Week-4.5%
2 Weeks8.4%
1 Month-11.67%
3 Month-35.76%
6 Month-63.45%
12 Month-66.56%
2 Year-72.54%
3 Year-72.54%
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
RSI(14)46.71
LBB0.92
UBB1.14
0.9821
-0.08 (-7.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.35%
1 Week-4.5%
2 Weeks8.4%
1 Month-11.67%
3 Month-35.76%
6 Month-63.45%
12 Month-66.56%
2 Year-72.54%
3 Year-72.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.74%
ATR Inc65.29%
Range Today0.17
ADR(20)0.11
ADR(20)%11.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-4.82
10 Day High1.17
10 Day Low0.86
20 Day High1.28
20 Day Low0.86
52 Week High3.92
52 Week Low0.86
CS1 End1.05
CR1 Start1.12
Volume & EV
DER(3)-8.13%
DER(5)-5.34%
Volume296.73K
Volume Incr13.96%
Vol(5)288.00K
Vol(50)237.39K