ABRDN ASIA-PACIFIC INCOME (FAX) Stock Technical Analysis
NYSEARCA:FAX - NYSE Arca - US0030098679 - Currency: USD
Overall FAX gets a technical rating of 5 out of 10. FAX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, FAX turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
FAX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FAX has a been trading in a tight range between 15.38 and 15.99.
Although the technical rating is only medium, FAX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 15.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
2 important support areas can be observed.
- A support zone ranging from 15.41 to 15.74. 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 2 important areas.
- Resistance @16.04 from a horizontal line 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
CRS45.82
Mansfield-0.47
10 Day High15.99
10 Day Low15.51
20 Day High15.99
20 Day Low15.38
52 Week High17.55
52 Week Low14.56
Performance
1 Week1.54%
2 Weeks0.76%
1 Month1.02%
3 Month-1.31%
6 Month-4.75%
12 Month-1.92%
2 Year-0.81%
3 Year-21.94%
5 Year-21.94%
10 Year-50.96%
15 Year-59.53%
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)0.01
RSI(14)59.75
LBB15.55
UBB15.93
15.83
-0.04 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week1.54%
2 Weeks0.76%
1 Month1.02%
3 Month-1.31%
6 Month-4.75%
12 Month-1.92%
2 Year-0.81%
3 Year-21.94%
5 Year-21.94%
10 Year-50.96%
15 Year-59.53%
Volatility
ATR(14)0.18
ATR(20)%1.09%
ATR Inc17.91%
Range Today0.2
ADR(20)0.17
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.82
Mansfield-0.47
10 Day High15.99
10 Day Low15.51
20 Day High15.99
20 Day Low15.38
52 Week High17.55
52 Week Low14.56
CS1 End15.74
CR1 Start16.04
Volume & EV
DER(3)-0.73%
DER(5)-2.04%
Volume159.80K
Volume Incr3.31%
Vol(5)131.44K
Vol(50)158.55K