ABVE
Above Food·NASDAQ
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2.87 / 10
Underperform
Technically, ABVE scores 2.87/10, indicating a weak structure. Dominant bearish signals include a MACD Death Cross (score 1.7) and Marubozu White candlestick (score 1), while the Long Lower Shadow (score 6.06) offers only modest relief. Historical back-tests show negative average returns for these patterns, reinforcing the cautionary outlook. The preponderance of three bearish versus zero bullish indicators underscores the need to watch for further downside momentum.
Analysis Checks(1/4)
Long Lower Shadow
Score6.06/10
Win Rate50.41%
Hist. Signals121
Avg Return16.71%
Score6.06/10
Win Rate50.41%
Hist. Signals121
Avg Return16.71%
MACD Death Cross
Score1.7/10
Win Rate42.86%
Hist. Signals7
Avg Return-6.55%
Score1.7/10
Win Rate42.86%
Hist. Signals7
Avg Return-6.55%
Long Upper Shadow
Score2.72/10
Win Rate41.44%
Hist. Signals111
Avg Return11.06%
Score2.72/10
Win Rate41.44%
Hist. Signals111
Avg Return11.06%
Marubozu White
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-4.27%
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-4.27%
Long Lower Shadow
Score6.06/10
Win Rate50.41%
Hist. Signals121
Avg Return16.71%
Score6.06/10
Win Rate50.41%
Hist. Signals121
Avg Return16.71%
Long Upper Shadow
Score2.72/10
Win Rate41.44%
Hist. Signals111
Avg Return11.06%
Score2.72/10
Win Rate41.44%
Hist. Signals111
Avg Return11.06%
MACD Death Cross
Score1.7/10
Win Rate42.86%
Hist. Signals7
Avg Return-6.55%
Score1.7/10
Win Rate42.86%
Hist. Signals7
Avg Return-6.55%
Marubozu White
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-4.27%
Score1/10
Win Rate25.00%
Hist. Signals12
Avg Return-4.27%
Technical Analysis of ABVE?
- ABVE presents a Underperform setup with a Technical Score of 2.87/10. Key technical indicators highlight an RSI of 46.51 and a MACD of -0.04, with the trend anchored by the 50-Day SMA at 2.16. Traders should monitor key support at 1.91 and resistance at 2.03.
