ARRIVENT BIOPHARMA INC (AVBP) Stock Technical Analysis
NASDAQ:AVBP - Nasdaq - US04272N1028 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to AVBP. In the past year, AVBP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
AVBP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
AVBP is part of the Biotechnology industry. There are 568 other stocks in this industry. AVBP outperforms 81% of them.
In the last month AVBP has a been trading in the 15.47 - 21.63 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that AVBP is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVBP has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
16.32
30.26
2 important support areas can be observed.
- A support zone ranging from 17.90 to 18.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.48 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 20.83 to 21.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.89 from a trend line in the weekly time frame.
- Resistance @23.30 from a trend line in the daily time frame.
- Resistance @28.36 from a trend line in the daily time frame.
- Resistance @29.96 from a horizontal 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
CRS79.44
Mansfield-0.92
10 Day High21.63
10 Day Low16.31
20 Day High21.63
20 Day Low15.47
52 Week High36.37
52 Week Low15.36
Performance
1 Week14.77%
2 Weeks23.49%
1 Month12.12%
3 Month-23.74%
6 Month-34.28%
12 Month34.84%
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)0.62
RSI(14)58.69
LBB15.48
UBB21.86
20.82
-0.35 (-1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.65%
1 Week14.77%
2 Weeks23.49%
1 Month12.12%
3 Month-23.74%
6 Month-34.28%
12 Month34.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%5.92%
ATR Inc-46.52%
Range Today0.59
ADR(20)1.15
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.44
Mansfield-0.92
10 Day High21.63
10 Day Low16.31
20 Day High21.63
20 Day Low15.47
52 Week High36.37
52 Week Low15.36
CS1 End18.41
CR1 Start20.83
Volume & EV
DER(3)5.67%
DER(5)5.34%
Volume158.30K
Volume Incr-36.19%
Vol(5)172.90K
Vol(50)215.79K