ASSOCIATED BRITISH FOODS PLC (ABF.L) Stock Technical Analysis
LON:ABF - London Exchange - GB0006731235 - Common Stock - Currency: GBX
Overall ABF gets a technical rating of 7 out of 10. Although ABF is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
65% of all other stocks performed better in the past year than ABF.
The long and short term trends are both positive. This is looking good!
ABF 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 ABF is lagging the market slightly.
In the last month ABF has a been trading in the 2163.00 - 2339.00 range, which is quite wide. It is currently trading near the high of this range.
Although ABF has an excellent technical rating, it does not present a decent entry opportunity 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
2,011.68
2,361.38
3 important support areas can be observed.
- A support zone ranging from 2242.88 to 2290.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2119.38 to 2174.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2032.00 to 2055.00. 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 | UP | POSITIVE | The long term trend for ABF.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABF.L is up. |
| ChartMill Relative Strength | 35.93 | NEUTRAL | ABF.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABF.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABF.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABF.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.51 | OVERBOUGHT | The high RSI value suggests ABF.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.64 | POSITIVE | The MACD value suggests ABF.L has a positive trend. |
| Stochastics (14,3) | 82.34 | OVERBOUGHT | The high Stochastics value suggests ABF.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for ABF.L suggests low volalility. |
| Average Directional Index/ADX (14) | 36.33 | 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 (8/21/2025, 9:12:43 AM)
2338
+1 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week1.48%
2 Weeks5.84%
1 Month3.77%
3 Month12.14%
6 Month22.29%
12 Month-7.11%
2 Year17.35%
3 Year53.1%
5 Year14.33%
10 Year-27.01%
15 Year120.89%
Volatility
ATR(14)34.5
ATR(20)%1.52%
ATR Inc69.27%
Range Today7
ADR(20)34.45
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.93
Mansfield0.17
10 Day High2339
10 Day Low2206
20 Day High2339
20 Day Low2163
52 Week High2526.5
52 Week Low1819
CS1 End2290.67
CR1 StartN/A
Volume & EV
DER(3)2.09%
DER(5)1.39%
Volume2.13K
Volume Incr3.7%
Vol(5)300.91K
Vol(50)327.60K