American Battery Technology Company (ABAT)

American Battery Technology Company is trading at $1.42, down 9.29% on the session. The 50 day average sits at $2.13 and the 200 day at $2.93, which puts the stock in a downtrend. RSI is at 33.5, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $1.27 with resistance near $2.40, so that band frames the current range. Average daily movement is roughly $0.13, or about 9.0% of the share price, which is what any stop placement has to allow for. The overall health score of 20 out of 100 combines a trend score of 0, momentum of 44 and a risk score of 18.

American Battery Technology Company operates as a battery materials company in the United States. It explores critical minerals, such as lithium, nickel, cobalt, manganese, copper, aluminum, and graphite. The company also involved in the the development and commercialization of new technologies for the extraction of these critical minerals; and commercialization of an internally developed integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation and changed its name to American Battery Technology Company in August 2021. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.