ABSOLUTE SELECT VALUE ETF (ABEQ) Stock Technical Analysis
USA - NYSEARCA:ABEQ - US90470L5681 - ETF
35.34 USD
+0.27 (+0.77%)
Overall ABEQ gets a technical rating of 4 out of 10. In the last year, ABEQ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: ABEQ has an average volume of 9940 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ABEQ 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 ABEQ is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, ABEQ turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
In the last month ABEQ has a been trading in a tight range between 35.07 and 36.16.
ABEQ 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
31.10
36.48
We found 2 important support areas.
- A support zone ranging from 33.49 to 33.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.41 to 31.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.38 to 36.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ABEQ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABEQ is down. |
| ChartMill Relative Strength | 58.07 | NEUTRAL | ABEQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABEQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABEQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABEQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.41 | NEUTRAL | The RSI value for ABEQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ABEQ has a negative trend. |
| Stochastics (14,3) | 10.62 | OVERSOLD | The low Stochastics value suggests ABEQ may be oversold. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for ABEQ suggests low volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for ABEQ 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)
NYSEARCA:ABEQ (10/13/2025, 8:04:00 PM)
35.34
+0.27 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.77%
1 Week-2.13%
2 Weeks-1.35%
1 Month-0.74%
3 Month3.13%
6 Month5.84%
12 Month6.17%
2 Year30.94%
3 Year30.97%
5 Year52.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.62%
ATR Inc31.08%
Range Today0.13
ADR(20)0.18
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.07
Mansfield-0.5
10 Day High36.16
10 Day Low35.07
20 Day High36.16
20 Day Low35.07
52 Week High36.16
52 Week Low30.86
CS1 End33.88
CR1 Start35.38
Volume & EV
DER(3)-1.67%
DER(5)-1.56%
Volume2.60K
Volume Incr-39.46%
Vol(5)7.28K
Vol(50)9.94K