ASSOCIATED BRITISH FOODS PLC (ABF.L) Stock Technical Analysis
Europe - London Exchange - LON:ABF - GB0006731235 - Common Stock
Taking everything into account, ABF scores 3 out of 10 in our technical rating. ABF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ABF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2117.60, a Stop Loss order could be placed below this zone.
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3 important support areas can be observed.
- A support zone ranging from 2081.00 to 2098.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2039.96 from a trend line in the weekly time frame.
- A support zone ranging from 1971.50 to 1988.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2114.80 to 2177.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2255.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 2314.00 to 2348.00. 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 ABF.L is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABF.L is neutral. |
| ChartMill Relative Strength | 41.99 | NEUTRAL | ABF.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABF.L is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABF.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ABF.L is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for ABF.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.18 | POSITIVE | The MACD value suggests ABF.L has a positive trend. |
| Stochastics (14,3) | 73.97 | NEUTRAL | The Stochastics value for ABF.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for ABF.L suggests low volalility. |
| Average Directional Index/ADX (14) | 12.34 | NEGATIVE | The low ADX value for ABF.L suggests a weak or negative trend. |
LON:ABF (12/22/2025, 12:54:44 PM)
2104
-20 (-0.94%)
ASSOCIATED BRITISH FOODS PLC / ABF.L FAQ
Can you provide the ChartMill technical rating for ASSOCIATED BRITISH FOODS PLC?
ChartMill assigns a technical rating of 3 / 10 to ABF.L.
What is the trend direction for ABF stock?
The current trend direction for ASSOCIATED BRITISH FOODS PLC (ABF.L) is Bearish.
Can you provide the RSI signal for ASSOCIATED BRITISH FOODS PLC?
ASSOCIATED BRITISH FOODS PLC (ABF.L) has an RSI value of 47.9301. This indicates that the stock is currently neutral.
What is the MACD signal for ABF stock?
The MACD indicator for ASSOCIATED BRITISH FOODS PLC (ABF.L) has a value of 4.18054, indicating a bullish trend.