The Hourly View for ABNB
At the time of this writing, ABNB (Get Ratings)’s price is down $-0.61 (-0.44%) from the hour prior. ABNB has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Business Services stocks, ABNB ranks 332nd in regards to today’s price percentage change.
ABNB’s Technical Outlook on the Daily Chart
At the time of this writing, ABNB’s price is down $-1.52 (-1.09%) from the day prior. This move is a reversal from the day prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows ABNB’s price action over the past 90 days.
ABNB: Daily RSI Analysis
- ABNB’s RSI now stands at 68.9909.
- Note: ABNB and RSI appear to be diverging in terms of their respective trends, with ABNB declining at a faster rate than RSI.
For ABNB News Traders
Investors and traders in ABNB may be particularly interested in the following story that came out in the past day:
10 things in tech: Larry Page in Fiji Zuck”s metaverse Web outages
Summary List Placement Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here . Let”s get started. 1. A lot of websites went dark yesterday. UPS, FedEx, US Bank, Airbnb, and other major websites saw outages beginning around noon yesterday, but the issue was fixed within an hour. What we know about what happened. 2. Mark Zuckerberg said he wants to turn Facebook into “a metaverse company.” The CEO said Facebook will transform from a social media company to the center of the metaverse. That sounds like something straight out of a sci-fi movie, so here”s a brief explainer. 3. Reclusive billionaire Larry Page has been hiding out in Fiji for the past year, sources say. The Google cofounder has been off the grid for months but we found he”s been dwelling on islands that have been closed to most travelers during the pandemic. What”s Page been doing in Fiji? 4. Jeff Bezos and Elon Musk want to colonize space, but both of their ideas have some problems. From thinning bones to toxic plants on Mars, here are the six biggest issues with their plans. 5.
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