ABO ENERGY GMBH & CO. KGAA (AB9.DE) Stock Technical Analysis
FRA:AB9 - Deutsche Boerse Ag - DE0005760029 - Common Stock - Currency: EUR
Taking everything into account, AB9 scores 6 out of 10 in our technical rating. AB9 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, AB9 is a bad performer in the overall market: 79% of all stocks are doing better.
AB9 is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry, of which 61% are performing better than AB9.
Warning: AB9 has an average volume of 3205 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AB9 has a been trading in the 35.50 - 46.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AB9 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AB9 is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AB9 has an average technical rating and it also 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.
More info and screens
33.66
45.66
When analyzing the support we notice one important area.
- A support zone ranging from 34.00 to 35.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.01 to 45.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AB9.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AB9.DE is up. |
| ChartMill Relative Strength | 21.17 | NEGATIVE | AB9.DE has a low relative strength, it was outperformed by 78.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AB9.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AB9.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AB9.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.58 | OVERBOUGHT | The high RSI value suggests AB9.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests AB9.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.42 | OVERBOUGHT | The high Stochastics value suggests AB9.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for AB9.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 36.47 | POSITIVE | The high ADX value value for AB9.DE suggests a strong trend. |
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)
FRA:AB9 (7/15/2025, 7:00:00 PM)
45
-0.2 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.44%
1 Week6.89%
2 Weeks19.05%
1 Month26.05%
3 Month11.11%
6 Month11.39%
12 Month-14.45%
2 Year-19.64%
3 Year-22.41%
5 Year112.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%3.53%
ATR Inc-4.27%
Range Today1.2
ADR(20)1.49
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.17
Mansfield0.22
10 Day High46.7
10 Day Low38.3
20 Day High46.7
20 Day Low35.5
52 Week High53.8
52 Week Low32.1
CS1 End35.36
CR1 Start45.01
Volume & EV
DER(3)0%
DER(5)0%
Volume6.10K
Volume Incr64.42%
Vol(5)6.72K
Vol(50)3.21K