Stock Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
Allegiance Bancshares, Inc (NASDAQ:ABTX)
Bull Market Weakness (+75) - ABTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABTX as it may be in the beginning stages of a reversal.
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 UP since Oct 23rd, 2020 at 27.81
The intermediate-term trend has been UP since Oct 6th, 2020 at 25.37
The short-term trend has been DOWN since Jan 21st, 2021 at 35.99
Smart Scan Analysis for ABTX
Based on our trend formula, ABTX is rated as a +75 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||38.95||52wk High Date||2020-02-06|
|52wk Low||20.88||52wk Low Date||2020-04-16|
|Average Volume||40,316||Shares Outstanding||20,432|