ASSOCIATED BRITISH FOODS PLC (ABF.L) Stock Technical Analysis
Europe - LON:ABF - GB0006731235 - Common Stock
1974 GBX
+39 (+2.02%)
Overall ABF gets a technical rating of 0 out of 10. ABF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
82% of all other stocks performed better in the past year than ABF.
ABF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ABF has a been trading in the 1928.50 - 2346.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of ABF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1,954.26
2,371.48
We can see 4 important resistance areas.
- Resistance @2055.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2185.43 to 2241.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2295.16 to 2307.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2348.00 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for ABF.L is down. |
| ChartMill Relative Strength | 18.54 | NEGATIVE | ABF.L has a low relative strength, it was outperformed by 81.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABF.L is below a declining 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) | DOWN | NEGATIVE | The current price of ABF.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.87 | OVERSOLD | The low RSI value suggests ABF.L may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -34.02 | NEGATIVE | The MACD value suggests ABF.L has a negative trend. |
| Stochastics (14,3) | 6.45 | OVERSOLD | The low Stochastics value suggests ABF.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ABF.L suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for ABF.L 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)
LON:ABF (9/12/2025, 5:29:52 PM)
1974
+39 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.02%
1 Week-11.16%
2 Weeks-8.61%
1 Month-13.19%
3 Month-3.31%
6 Month6.62%
12 Month-9.86%
2 Year-4.91%
3 Year56.23%
5 Year5.9%
10 Year-40.9%
15 Year88.18%
Volatility
ATR(14)63.07
ATR(20)%2.79%
ATR Inc-5.22%
Range Today44.5
ADR(20)42.73
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.54
Mansfield-1.54
10 Day High2257
10 Day Low1928.5
20 Day High2346
20 Day Low1928.5
52 Week High2429
52 Week Low1819
CS1 EndN/A
CR1 Start2055
Volume & EV
DER(3)0.42%
DER(5)-1.09%
Volume502.84K
Volume Incr145.3%
Vol(5)700.74K
Vol(50)329.22K