ARRIVENT BIOPHARMA INC (AVBP) Stock Technical Analysis
NASDAQ:AVBP - Nasdaq - US04272N1028 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AVBP. In the last year, AVBP was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that AVBP is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, AVBP also shows a nice and consistent pattern of rising prices.
AVBP is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 571 stocks in the same industry.
AVBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AVBP is lagging the market.
In the last month AVBP has a been trading in the 25.80 - 29.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVBP has only a medium 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 very little resistance above the current price. There is a support zone below the current price at 26.94, a Stop Loss order could be placed below this zone.
More info and screens
24.17
30.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.09 to 26.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.59 to 25.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.41 to 24.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @27.13 from a trend line in the weekly time frame.
- Resistance @28.06 from a trend line in the daily time frame.
- Resistance @28.54 from a horizontal line in the weekly time frame.
- Resistance @29.25 from a horizontal 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
CRS85.42
Mansfield0.87
10 Day High28.12
10 Day Low25.8
20 Day High29.71
20 Day Low25.8
52 Week High36.37
52 Week Low14.35
Performance
1 Week0.82%
2 Weeks-1.13%
1 Month-0.66%
3 Month-1.38%
6 Month11.54%
12 Month40.11%
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)-0.06
RSI(14)49.67
LBB25.63
UBB28.72
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.14 | 26.08 | 1.06 (3.91%) | 25.00% |
| An entry @27.14. This is a Buy Stop order right above the resistance zone. | An exit @26.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 3.91%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AVBP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.07
-0.32 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.17%
1 Week0.82%
2 Weeks-1.13%
1 Month-0.66%
3 Month-1.38%
6 Month11.54%
12 Month40.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%5.25%
ATR Inc-18.96%
Range Today1.23
ADR(20)1.42
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.42
Mansfield0.87
10 Day High28.12
10 Day Low25.8
20 Day High29.71
20 Day Low25.8
52 Week High36.37
52 Week Low14.35
CS1 End26.94
CR1 Start27.13
Volume & EV
DER(3)1.92%
DER(5)-1.53%
Volume238.00K
Volume Incr-5.96%
Vol(5)141.00K
Vol(50)148.68K