Technical Analysis for ABOS - Acumen Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
F 2.94 -1.34% -0.04
ABOS closed down 1.34 percent on Friday, May 31, 2024, on 1.43 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Below Lower BB Weakness -1.34%
Down 3 Days in a Row Weakness -1.34%
Lower Bollinger Band Touch Weakness -1.34%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapeutics for the treatment of Alzheimer's and other neurodegenerative diseases. The company focuses on advancing a targeted immunotherapy drug candidate ACU193, which is in Phase I clinical-stage to target soluble amyloid-beta oligomers. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is based in Charlottesville, Virginia.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Biology Immunotherapy Alzheimer's Disease Neurodegenerative Diseases Amyloid Amyloidosis Neurodegeneration Regulus Therapeutics Targeted Immunotherapy Treatment Of Alzheimer's Amyloid Beta

Is ABOS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.3099
52 Week Low 1.8101
Average Volume 258,635
200-Day Moving Average 3.75
50-Day Moving Average 3.57
20-Day Moving Average 3.46
10-Day Moving Average 3.39
Average True Range 0.23
RSI (14) 33.33
ADX 20.41
+DI 14.66
-DI 28.79
Chandelier Exit (Long, 3 ATRs) 3.24
Chandelier Exit (Short, 3 ATRs) 3.58
Upper Bollinger Bands 3.98
Lower Bollinger Band 2.94
Percent B (%b) 0.0
BandWidth 29.91
MACD Line -0.11
MACD Signal Line -0.04
MACD Histogram -0.0712
Fundamentals Value
Market Cap 170.26 Million
Num Shares 57.9 Million
EPS -1.11
Price-to-Earnings (P/E) Ratio -2.65
Price-to-Sales 538.78
Price-to-Book 0.62
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.20
Resistance 3 (R3) 3.21 3.14 3.15
Resistance 2 (R2) 3.14 3.08 3.13 3.14
Resistance 1 (R1) 3.04 3.03 3.01 3.03 3.12
Pivot Point 2.97 2.97 2.95 2.96 2.97
Support 1 (S1) 2.87 2.91 2.84 2.86 2.76
Support 2 (S2) 2.80 2.86 2.79 2.74
Support 3 (S3) 2.70 2.80 2.73
Support 4 (S4) 2.69