ABG SUNDAL COLLIER HOLDING (ABG.OL) Stock Technical Analysis
OSL:ABG - Euronext Oslo - NO0003021909 - Common Stock - Currency: NOK
Taking everything into account, ABG scores 2 out of 10 in our technical rating. ABG 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.
ABG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.65, a Stop Loss order could be placed below this zone.
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6.37
When analyzing the support we notice one important area.
- A support zone ranging from 6.43 to 6.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.75 to 6.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.26 to 7.38. 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 | DOWN | NEGATIVE | The long term trend for ABG.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABG.OL is neutral. |
| ChartMill Relative Strength | 42.81 | NEUTRAL | ABG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABG.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ABG.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.13 | NEUTRAL | The RSI value for ABG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.48 | NEUTRAL | The Stochastics value for ABG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for ABG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 13.86 | NEGATIVE | The low ADX value for ABG.OL suggests a weak or negative trend. |
OSL:ABG (5/28/2025, 7:00:00 PM)
6.66
+0.01 (+0.15%)