ABSOLUTE SELECT VALUE ETF (ABEQ) Stock Technical Analysis
NYSEARCA:ABEQ • US90470L5681
Overall ABEQ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABEQ is showing a nice and steady performance.
- Warning: ABEQ has an average volume of 12502 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ABEQ did better than 70% of all other stocks. We also observe that the gains produced by ABEQ over the past year are nicely spread over this period.
- A new 52 week high is currently being made by ABEQ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ABEQ has a been trading in the 37.10 - 39.38 range, which is quite wide. It is currently trading near the high of this range.
ABEQ has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
33.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.99 to 37.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.56 to 36.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.78 to 34.61. 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 39.39 to 39.39. 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 | UP | POSITIVE | The long term trend for ABEQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABEQ is up. |
| ChartMill Relative Strength | 70.71 | POSITIVE | ABEQ has a high relative strength, it outperformed 70.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABEQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABEQ is above 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) | 71.76 | OVERBOUGHT | The high RSI value suggests ABEQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ABEQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.56 | OVERBOUGHT | The high Stochastics value suggests ABEQ may be overbought. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for ABEQ suggests low volalility. |
| Average Directional Index/ADX (14) | 48.12 | POSITIVE | The high ADX value value for ABEQ suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.40 | 38.45 | 0.95 (2.41%) | 25.00% |
| An entry @39.40. This is a Buy Stop order right above the resistance zone. | An exit @38.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.95 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ABEQ (2/20/2026, 8:15:35 PM)
39.38
+0.26 (+0.66%)
ABSOLUTE SELECT VALUE ETF / ABEQ FAQ
What is the ChartMill technical rating of ABSOLUTE SELECT VALUE ETF (ABEQ) stock?
ChartMill assigns a technical rating of 10 / 10 to ABEQ.
What is the trend direction for ABEQ stock?
The current trend direction for ABSOLUTE SELECT VALUE ETF (ABEQ) is Bullish.
What is the RSI signal for ABSOLUTE SELECT VALUE ETF (ABEQ) stock?
ABSOLUTE SELECT VALUE ETF (ABEQ) has an RSI value of 71.7646. This indicates that the stock is currently overbought.
What is the MACD signal for ABEQ stock?
The MACD indicator for ABSOLUTE SELECT VALUE ETF (ABEQ) has a value of 0.0340678, indicating a bearish trend.
Can you provide the short term momentum for ABSOLUTE SELECT VALUE ETF?
The short term momentum for ABSOLUTE SELECT VALUE ETF (ABEQ) is positive.