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$ABVEW (Above Food Ingredients Inc.) Price Analysis
Buy, Hold or Sell?

Let's analyze Above Food Ingredients Inc. together

Penke

I guess you are interested in Above Food Ingredients 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) – Above Food Ingredients Inc.’s Price Targets

I'm going to help you getting a better view of Above Food Ingredients 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 Above Food Ingredients 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 Above Food Ingredients Inc.. The general trend of Above Food Ingredients Inc. is BEARISH with 14.3% 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 Above Food Ingredients 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 (-14.3%) Bearish trend (14.3%)
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. Above Food Ingredients Inc. Price Targets

1.1 sr

Score

Let's take a look at the sr of Above Food Ingredients Inc..

  • The price is trading arround resistance levels. This can be considered as a potential exit level.
Above Food Ingredients 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 Above Food Ingredients Inc..

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT

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

Above Food Ingredients Inc. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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Let's take a look at the Moving Average Convergence/Divergence (MACD) of Above Food Ingredients Inc..

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Above Food Ingredients Inc..
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
Above Food Ingredients Inc. Daily Moving Average Convergence/Divergence (MACD) ChartAbove Food Ingredients Inc. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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Let's take a look at the Directional Movement Index (DMI) of Above Food Ingredients Inc..

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias leans bearish while trend strength is beginning to build, often seen during early stages of downside development.
Above Food Ingredients Inc. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

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Let's take a look at the Parabolic SAR of Above Food Ingredients Inc..

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

3.1 Relative Strength Index (RSI)

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Let's take a look at the Relative Strength Index (RSI) of Above Food Ingredients 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.
Above Food Ingredients Inc. Daily Relative Strength Index (RSI) ChartAbove Food Ingredients Inc. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

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Let's take a look at the Stochastic Oscillator of Above Food Ingredients 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 Above Food Ingredients Inc..
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Above Food Ingredients Inc. Daily Stochastic Oscillator ChartAbove Food Ingredients Inc. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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Let's take a look at the Commodity Channel Index (CCI) of Above Food Ingredients Inc..

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Above Food Ingredients Inc. Daily Commodity Channel Index (CCI) ChartAbove Food Ingredients Inc. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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Let's take a look at the Chande Momentum Oscillator (CMO) of Above Food Ingredients Inc..

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
Above Food Ingredients Inc. Daily Chande Momentum Oscillator (CMO) ChartAbove Food Ingredients Inc. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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Let's take a look at the Williams %R of Above Food Ingredients Inc..

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
Above Food Ingredients Inc. Daily Williams %R ChartAbove Food Ingredients Inc. Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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Let's take a look at the Bollinger Bands of Above Food Ingredients Inc..

Above Food Ingredients Inc. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

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Let's take a look at the Average True Range (ATR) of Above Food Ingredients Inc..

Above Food Ingredients Inc. Daily Average True Range (ATR) ChartAbove Food Ingredients Inc. Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

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Let's take a look at the On-Balance Volume (OBV) of Above Food Ingredients Inc..

Above Food Ingredients Inc. Daily On-Balance Volume (OBV) ChartAbove Food Ingredients 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 Above Food Ingredients Inc..

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
Above Food Ingredients Inc. Daily Money Flow Index (MFI) ChartAbove Food Ingredients Inc. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Above Food Ingredients 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

Above Food Ingredients Inc. Daily Candlestick Chart
DateCandlestick Pattern
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