ABOVE FOOD INGREDIENTS INC (ABVE)

CA00373V1004 - Common Stock

0.53  +0.01 (+2.32%)

Technical Rating and Analysis

2

Overall ABVE gets a technical rating of 2 out of 10. ABVE'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.

When comparing the yearly performance of all stocks, ABVE is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month ABVE has a been trading in the 0.40 - 0.75 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
ABVE Weekly chart
ABVE Daily chart
Setup Rating and Analysis

3

The technical rating of ABVE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.44

0.61

When analyzing the support we can see 2 important areas.

  • Support @0.51 from a horizontal line in the daily time frame.
  • Support @0.44 from a trend line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.55 from a trend line in the daily time frame.
  • Resistance @0.60 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.61
10 Day Low0.4
20 Day High0.75
20 Day Low0.4
52 Week HighN/A
52 Week LowN/A
Performance
1 Week1.96%
2 Weeks8.56%
1 Month-23.58%
3 Month-11.13%
6 MonthN/A
12 MonthN/A
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)49.45
LBB0.43
UBB0.58
ABVE Daily chart

ABOVE FOOD INGREDIENTS INC

NASDAQ:ABVE (12/27/2024, 8:01:30 PM)

0.53

+0.01 (+2.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.32%
1 Week1.96%
2 Weeks8.56%
1 Month-23.58%
3 Month-11.13%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%12.98%
ATR Inc-47.47%
Range Today0.04
ADR(20)0.07
ADR(20)%12.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.61
10 Day Low0.4
20 Day High0.75
20 Day Low0.4
52 Week HighN/A
52 Week LowN/A
CS1 End0.51
CR1 Start0.54
Volume & EV
DER(3)26.4%
DER(5)11.54%
Volume160.10K
Volume Incr-91.83%
Vol(5)63.20K
Vol(50)440.30K