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ABITS GROUP INC (ABTS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ABTS - VGG6S34K1136 - Common Stock

5.78 USD
-0.33 (-5.4%)
Last: 12/12/2025, 8:12:45 PM
Technical Rating and Analysis

1

Overall ABTS gets a technical rating of 1 out of 10. ABTS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ABTS is one of the better performing stocks in the Software industry, it outperforms 77% of 280 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, ABTS outperforms 68% of them, which is more or less in line with the market.
ABTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABTS is lagging the market.
In the last month ABTS has a been trading in the 5.05 - 6.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ABITS GROUP INC / ABTS Weekly stock chart
ABITS GROUP INC / ABTS Daily stock chart
Setup Rating and Analysis

6

ABTS 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 support zone below the current price at 5.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.50

9.98

5 important support areas can be observed.

  • A support zone ranging from 5.56 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 5.14 to 5.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.84 from a trend line in the daily time frame.
  • Support @4.62 from a trend line in the weekly time frame.
  • Support @3.54 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @6.25 from a trend line in the daily time frame.
  • A resistance zone ranging from 6.45 to 6.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @9.88 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ABTS is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ABTS is down.
ChartMill Relative Strength68.22NEUTRALABTS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ABTS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ABTS is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of ABTS is above a declining SMA(200).
Relative Strength Index/RSI (14)45.76NEUTRALThe RSI value for ABTS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests ABTS has a positive trend, although the MACD value is declining.
Stochastics (14,3)45.89NEUTRALThe Stochastics value for ABTS is a neutral value.
Average True Range in percent/ATR (20)11.75HIGH VOLATILITYThe high ATR as a percentage value for ABTS suggests high volalility.
Average Directional Index/ADX (14)15.06NEGATIVEThe low ADX value for ABTS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ABITS GROUP INC / ABTS Daily stock chart

ABITS GROUP INC

NASDAQ:ABTS (12/12/2025, 8:12:45 PM)

5.78

-0.33 (-5.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-5.4%
1 Week-1.87%
2 Weeks3.77%
1 Month-0.34%
3 Month37.32%
6 Month35.68%
12 Month-22.09%
2 Year-66.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%11.75%
ATR Inc-47.49%
Range Today0.27
ADR(20)0.63
ADR(20)%10.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.22
3 months CRS94.19
6 months CRS86.5
Mansfield-0.18
10 Day High6.84
10 Day Low5.65
20 Day High6.9
20 Day Low5.05
52 Week High14.1
52 Week Low1.35
CS1 End5.61
CR1 Start6.25
Volume & EV
DER(3)-0.9%
DER(5)2.76%
Volume3.00K
Volume Incr-66.06%
Vol(5)8.32K
Vol(50)45.69K

ABITS GROUP INC / ABTS FAQ

What is the ChartMill technical rating of ABITS GROUP INC (ABTS) stock?

ChartMill assigns a technical rating of 1 / 10 to ABTS.


Can you provide the trend direction for ABITS GROUP INC?

The current trend direction for ABITS GROUP INC (ABTS) is Bearish.


What is the RSI signal for ABTS stock?

ABITS GROUP INC (ABTS) has an RSI value of 45.7643. This indicates that the stock is currently neutral.


What is the MACD signal for ABTS stock?

The MACD indicator for ABITS GROUP INC (ABTS) has a value of 0.0486588, indicating a bearish trend.