ABCW's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower bands that make up the price channel.
Today, ABCW closed below the trigger point for the Parabolic SAR and is currently registering a bearish signal. The current Significant Point, above which a reversal to the bullish side would occur, is 0.37.
ABCW is trading above its 13 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
ABCW's MACD is currently indicating a weak bullish signal.
The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D.
The RSI is currently at 51.84% which indicates that the stock is neither overbought nor oversold
All my posts, are only My Opinion
