ABO ENERGY GMBH & CO. KGAA (AB9.DE) Stock Technical Analysis
FRA:AB9 - Deutsche Boerse Ag - DE0005760029 - Common Stock - Currency: EUR
Overall AB9 gets a technical rating of 0 out of 10. AB9 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AB9 is a bad performer in the overall market: 90% of all stocks are doing better.
AB9 is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 65% of 21 stocks in the same industry do better.
AB9 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AB9 is lagging the market.
In the last month AB9 has a been trading in the 36.10 - 41.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AB9 has an average volume of 2303 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
AB9 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
33.16
42.63
2 important support areas can be observed.
- Support @36.39 from a trend line in the weekly time frame.
- A support zone ranging from 33.49 to 35.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @37.21 from a trend line in the daily time frame.
- A resistance zone ranging from 37.94 to 38.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.24 to 40.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.50 to 42.21. 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 | DOWN | NEGATIVE | The long term trend for AB9.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AB9.DE is down. |
| ChartMill Relative Strength | 10.62 | NEGATIVE | AB9.DE has a low relative strength, it was outperformed by 89.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AB9.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AB9.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AB9.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.32 | NEUTRAL | The RSI value for AB9.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AB9.DE has a negative trend. |
| Stochastics (14,3) | 34.07 | NEUTRAL | The Stochastics value for AB9.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for AB9.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.12 | 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 (6/2/2025, 7:00:00 PM)
37.1
-0.6 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.59%
1 Week-7.48%
2 Weeks-3.13%
1 Month-10.17%
3 Month0.27%
6 Month6.3%
12 Month-33.27%
2 Year-37.75%
3 Year-32.3%
5 Year71.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%3.91%
ATR Inc-48.96%
Range Today1.2
ADR(20)1.31
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.62
Mansfield-1.6
10 Day High40.1
10 Day Low36.1
20 Day High41.8
20 Day Low36.1
52 Week High55.8
52 Week Low32.1
CS1 End36.39
CR1 Start37.21
Volume & EV
DER(3)0%
DER(5)0%
Volume1.58K
Volume Incr-22.6%
Vol(5)1.36K
Vol(50)2.30K