ABITS GROUP INC (ABTS) Stock Technical Analysis
NASDAQ:ABTS - Nasdaq - VGG6S34K1052 - Common Stock - Currency: USD
Overall ABTS gets a technical rating of 0 out of 10. ABTS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, ABTS is a bad performer in the overall market: 95% of all stocks are doing better.
ABTS is one of the lesser performing stocks in the Software industry. 84% of 283 stocks in the same industry do better.
ABTS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ABTS is lagging the market.
ABTS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ABTS does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.40
0.67
When analyzing the support we can see 2 important areas.
- Support @0.41 from a horizontal line in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @0.43 from a horizontal line in the daily time frame.
- Resistance @0.52 from a trend line in the weekly time frame.
- Resistance @0.60 from a trend line in the weekly time frame.
- Resistance @0.66 from a trend 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
CRS5.1
Mansfield-3.46
10 Day High0.47
10 Day Low0.4
20 Day High0.55
20 Day Low0.4
52 Week High1.06
52 Week Low0.38
Performance
1 Week-3.75%
2 Weeks-11.61%
1 Month-23.18%
3 Month-34.76%
6 Month-15.26%
12 Month-55.11%
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
RSI(14)40
LBB0.39
UBB0.48
NASDAQ:ABTS (2/24/2025, 2:58:03 PM)
0.42
+0.01 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.19%
1 Week-3.75%
2 Weeks-11.61%
1 Month-23.18%
3 Month-34.76%
6 Month-15.26%
12 Month-55.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.47%
ATR Inc-2.18%
Range Today0.02
ADR(20)0.04
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.1
Mansfield-3.46
10 Day High0.47
10 Day Low0.4
20 Day High0.55
20 Day Low0.4
52 Week High1.06
52 Week Low0.38
CS1 End0.4
CR1 Start0.41
Volume & EV
DER(3)-18.07%
DER(5)-19.65%
Volume10.84K
Volume Incr70.79%
Vol(5)73.96K
Vol(50)217.52K