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$ABVC (ABVC BIOPHARMA, INC.) Price Analysis
Buy, Hold or Sell?

Let's analyze ABVC BIOPHARMA, INC. together

Penke

I guess you are interested in ABVC BIOPHARMA, INC.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – ABVC BIOPHARMA, INC.’s Price Targets

I'm going to help you getting a better view of ABVC BIOPHARMA, INC.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of ABVC BIOPHARMA, INC.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of ABVC BIOPHARMA, INC.. The general trend of ABVC BIOPHARMA, INC. is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ABVC BIOPHARMA, INC.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. ABVC BIOPHARMA, INC. Price Targets

1.1 sr

Score

Let's take a look at the sr of ABVC BIOPHARMA, INC..

  • The price is trading between support and resistance lines.
ABVC BIOPHARMA, INC. Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of ABVC BIOPHARMA, INC..

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is trading under pressure relative to the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

ABVC BIOPHARMA, INC. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of ABVC BIOPHARMA, INC..

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for ABVC BIOPHARMA, INC..
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
ABVC BIOPHARMA, INC. Daily Moving Average Convergence/Divergence (MACD) ChartABVC BIOPHARMA, INC. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of ABVC BIOPHARMA, INC..

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • A strong bearish trend is in place and intensifying, indicating growing downside conviction and sustained selling pressure.
ABVC BIOPHARMA, INC. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of ABVC BIOPHARMA, INC..

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
ABVC BIOPHARMA, INC. Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of ABVC BIOPHARMA, INC.. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Momentum is weakening as selling pressure becomes more pronounced.
ABVC BIOPHARMA, INC. Daily Relative Strength Index (RSI) ChartABVC BIOPHARMA, INC. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of ABVC BIOPHARMA, INC.. The current phase is Continuation in bear market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for ABVC BIOPHARMA, INC..
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
ABVC BIOPHARMA, INC. Daily Stochastic Oscillator ChartABVC BIOPHARMA, INC. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of ABVC BIOPHARMA, INC..

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
ABVC BIOPHARMA, INC. Daily Commodity Channel Index (CCI) ChartABVC BIOPHARMA, INC. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of ABVC BIOPHARMA, INC..

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
ABVC BIOPHARMA, INC. Daily Chande Momentum Oscillator (CMO) ChartABVC BIOPHARMA, INC. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of ABVC BIOPHARMA, INC..

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
ABVC BIOPHARMA, INC. Daily Williams %R ChartABVC BIOPHARMA, INC. Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of ABVC BIOPHARMA, INC..

ABVC BIOPHARMA, INC. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of ABVC BIOPHARMA, INC..

ABVC BIOPHARMA, INC. Daily Average True Range (ATR) ChartABVC BIOPHARMA, INC. Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of ABVC BIOPHARMA, INC..

ABVC BIOPHARMA, INC. Daily On-Balance Volume (OBV) ChartABVC BIOPHARMA, INC. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of ABVC BIOPHARMA, INC..

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
ABVC BIOPHARMA, INC. Daily Money Flow Index (MFI) ChartABVC BIOPHARMA, INC. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ABVC BIOPHARMA, INC..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

ABVC BIOPHARMA, INC. Daily Candlestick Chart
DateCandlestick Pattern
Penke

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