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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ABOS is a bad performer in the overall market: 97% of all stocks are doing better.
ABOS is part of the Biotechnology industry. There are 571 other stocks in this industry, of which 75% are performing better than ABOS.
ABOS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ABOS has a been trading in the 1.28 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
ABOS 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 1.46. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ABOS 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.
More info and screens
1.38
2.73
3 important resistance areas can be observed.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.36 from a trend line in the weekly time frame.
- Resistance @2.70 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
CRS3.74
Mansfield-5.33
10 Day High1.52
10 Day Low1.28
20 Day High1.74
20 Day Low1.28
52 Week High5.09
52 Week Low1.28
Performance
1 Week-4.79%
2 Weeks-5.44%
1 Month-19.65%
3 Month-41.35%
6 Month-52.23%
12 Month-60.96%
2 Year-73.62%
3 Year-76.28%
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)0.01
RSI(14)37.15
LBB1.32
UBB1.54
1.39
+0.01 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.72%
1 Week-4.79%
2 Weeks-5.44%
1 Month-19.65%
3 Month-41.35%
6 Month-52.23%
12 Month-60.96%
2 Year-73.62%
3 Year-76.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.05%
ATR Inc-24.61%
Range Today0.07
ADR(20)0.08
ADR(20)%6.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.74
Mansfield-5.33
10 Day High1.52
10 Day Low1.28
20 Day High1.74
20 Day Low1.28
52 Week High5.09
52 Week Low1.28
CS1 EndN/A
CR1 Start1.46
Volume & EV
DER(3)5.89%
DER(5)5.54%
Volume402.10K
Volume Incr-22.31%
Vol(5)226.90K
Vol(50)336.41K