CENCORA INC (ABG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ABG - US03073E1055 - Common Stock
Overall ABG gets a technical rating of 3 out of 10. ABG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ABG has a poor technical rating and the quality of the setup is also only medium 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
280.21
We found 1 important support area.
- A support zone ranging from 283.04 to 283.04. 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 322.41 to 322.41. 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 ABG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABG.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABG.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABG.DE is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 52.37 | NEUTRAL | The RSI value for ABG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.13 | NEGATIVE | The MACD value suggests ABG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.21 | OVERSOLD | The low Stochastics value suggests ABG.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ABG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.57 | NEUTRAL | The ADX value for ABG.DE suggests a possible start of a new trend. |
FRA:ABG (1/6/2026, 7:00:00 PM)
294.7
+8.65 (+3.02%)
CENCORA INC / ABG.DE FAQ
What is the technical rating for ABG stock?
ChartMill assigns a technical rating of 3 / 10 to ABG.DE.
What is the trend direction for ABG stock?
The current trend direction for CENCORA INC (ABG.DE) is Bullish.
What is the RSI signal for ABG stock?
CENCORA INC (ABG.DE) has an RSI value of 52.3669. This indicates that the stock is currently neutral.
What is the buy/sell signal for ABG stock?
The buy/sell signal for CENCORA INC (ABG.DE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CENCORA INC?
CENCORA INC (ABG.DE) has a support level at 283.04 and a resistance level at 322.41. Check the full technical report for our detailed analysis of ABG.DE support and resistance levels.