ABRDN ASIA-PACIFIC INCOME (FAX) Stock Technical Analysis
NYSEARCA:FAX - American Stock Exchange - US0030098679 - Currency: USD
Taking everything into account, FAX scores 2 out of 10 in our technical rating. In the past year, FAX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FAX is a bad performer in the overall market: 73% of all stocks are doing better.
In the last month FAX has a been trading in the 14.56 - 15.65 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAX is lagging the market.
Although the technical rating is bad, FAX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.60. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.56
17.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.27 to 15.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.71 to 14.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @15.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.06 to 16.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 17.28 to 17.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.12
Mansfield-1.19
10 Day High15.65
10 Day Low15.22
20 Day High15.65
20 Day Low14.56
52 Week High17.55
52 Week Low14.56
Performance
1 Week0.58%
2 Weeks1.17%
1 Month4.23%
3 Month-8.55%
6 Month-8.33%
12 Month-3.18%
2 Year-6%
3 Year-25.93%
5 Year-37.41%
10 Year-53.59%
15 Year-59.74%
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)0.05
RSI(14)57.19
LBB15.24
UBB15.58
ABRDN ASIA-PACIFIC INCOME
NYSEARCA:FAX (2/5/2025, 11:31:20 AM)
15.65
+0.14 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week0.58%
2 Weeks1.17%
1 Month4.23%
3 Month-8.55%
6 Month-8.33%
12 Month-3.18%
2 Year-6%
3 Year-25.93%
5 Year-37.41%
10 Year-53.59%
15 Year-59.74%
Volatility
ATR(14)0.18
ATR(20)%1.21%
ATR Inc-34.68%
Range Today0.12
ADR(20)0.18
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.12
Mansfield-1.19
10 Day High15.65
10 Day Low15.22
20 Day High15.65
20 Day Low14.56
52 Week High17.55
52 Week Low14.56
CS1 End15.46
CR1 Start15.6
Volume & EV
DER(3)-4.94%
DER(5)-4.58%
Volume41.05K
Volume Incr-39.84%
Vol(5)118.64K
Vol(50)169.38K