ABM INDUSTRIES INC (ABM)

US0009571003 - Common Stock

50.08  +0.91 (+1.85%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ABM. Both in the recent history as in the last year, ABM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
ABM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABM is lagging the market slightly.
Looking at the yearly performance, ABM did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ABM is an average performer in the Commercial Services & Supplies industry, it outperforms 63% of 84 stocks in the same industry.
In the last month ABM has a been trading in the 45.94 - 51.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ABM Weekly chart
ABM Daily chart
Setup Rating and Analysis

3

Although ABM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

37.85

50.58

6 important support areas can be observed.

  • A support zone ranging from 47.78 to 48.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 45.42 to 46.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 43.09 to 43.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 40.74 to 41.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 39.28 to 39.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @38.23 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield-0.09
10 Day High51.85
10 Day Low47.04
20 Day High51.85
20 Day Low45.94
52 Week High53.05
52 Week Low37.61
Performance
1 Week-3.47%
2 Weeks4.02%
1 Month5.38%
3 Month16.21%
6 Month7.1%
12 Month16.1%
2 Year13.24%
3 Year10.87%
5 Year22.93%
10 Year82.25%
15 Year172.11%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)57.88
LBB45.19
UBB52.03
ABM Daily chart

ABM INDUSTRIES INC

NYSE:ABM (6/17/2024, 10:34:08 AM)

50.08

+0.91 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.85%
1 Week-3.47%
2 Weeks4.02%
1 Month5.38%
3 Month16.21%
6 Month7.1%
12 Month16.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%2.18%
ATR Inc
Range Today1.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High51.85
10 Day Low47.04
20 Day High51.85
20 Day Low45.94
52 Week High53.05
52 Week Low37.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume118.62K
Volume Incr40.73%
Vol(5)625.90K
Vol(50)504.21K