Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Allegiance Bancshares, Inc. (NASDAQ:ABTX)
Sidelines Mode (-55) - ABTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ABTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABTX
The long-term trend has been DOWN since Apr 12th, 2022 at 40.95
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 38.38
The short-term trend has been UP since Jun 28th, 2022 at 39.20
Smart Scan Analysis for ABTX
Based on our trend formula, ABTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||46.85||Year High Date||2018-07-02|
|Year Low||33.05||Year Low Date||2018-11-15|
|52wk High||46||52wk High Date||2022-03-23|
|52wk Low||34.3||52wk Low Date||2021-07-19|
|Average Volume||75,280||Shares Outstanding||20,378|