Taking everything into account, ABEQ scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ABEQ is only an average performer.
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. There is a resistance zone just above the current price starting at 36.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
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3 important support areas can be observed.
- A support zone ranging from 35.30 to 36.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.92 to 34.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.42 to 31.43. 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 36.49 to 36.53. 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 | 65.15 | NEUTRAL | ABEQ is not amongst the best or worst performers 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) | 61.4 | NEUTRAL | The RSI value for ABEQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABEQ has a positive trend. |
| Stochastics (14,3) | 97.38 | OVERBOUGHT | The high Stochastics value suggests ABEQ may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for ABEQ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for ABEQ suggests a weak or negative 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 |
|---|---|---|---|
| 36.54 | 35.91 | 0.63 (1.72%) | 25.00% |
| An entry @36.54. This is a Buy Stop order right above the resistance zone. | An exit @35.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.63 points, which is 1.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.43%. |
- 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 (12/26/2025, 8:26:49 PM)
36.4869
-0.03 (-0.09%)
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 7 / 10 to ABEQ.
Can you provide the trend direction for ABSOLUTE SELECT VALUE ETF?
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 61.3996. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABSOLUTE SELECT VALUE ETF?
The short term momentum for ABSOLUTE SELECT VALUE ETF (ABEQ) is positive.
What are the support and resistance levels for ABSOLUTE SELECT VALUE ETF (ABEQ) stock?
ABSOLUTE SELECT VALUE ETF (ABEQ) has a support level at 36.27 and a resistance level at 36.49. Check the full technical report for our detailed analysis of ABEQ support and resistance levels.