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According to Abivax's 15-minute chart, there are several technical indicators that suggest a potential reversal in the stock's downward trend. Firstly, the Relative Strength Index (RSI) has reached an oversold level, indicating that the stock price has dropped too rapidly and is due for a bounce. Additionally, the KDJ Golden Cross at 12/01/2023 15:30 is a bullish signal, suggesting that the momentum of the stock price is shifting towards the upside and may lead to further increases. These indicators collectively suggest that the fundamentals of the stock are stronger than its current price, and that the stock has the potential to rebound and continue its upward trend.
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