ASBURY AUTOMOTIVE GROUP (ABG) Stock Technical Analysis
USA - NYSE:ABG - US0434361046 - Common Stock
239.33 USD
-1.64 (-0.68%)
239.33 USD
0 (0%)
Overall ABG gets a technical rating of 3 out of 10. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ABG outperforms 51% of them, which is more or less in line with the market.
ABG is an average performer in the Specialty Retail industry, it outperforms 55% of 119 stocks in the same industry.
ABG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABG is lagging the market.
In the last month ABG has a been trading in the 234.01 - 257.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
207.60
268.64
4 important support areas can be observed.
- Support @235.44 from a trend line in the daily time frame.
- A support zone ranging from 225.19 to 228.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @217.27 from a trend line in the weekly time frame.
- A support zone ranging from 209.70 to 212.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 240.14 to 248.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @253.39 from a horizontal line in the daily time frame.
- Resistance @259.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 263.23 to 265.98. 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 ABG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABG is neutral. |
| ChartMill Relative Strength | 51.64 | NEUTRAL | ABG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.47 | NEUTRAL | The RSI value for ABG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ABG has a negative trend. |
| Stochastics (14,3) | 40.78 | NEUTRAL | The Stochastics value for ABG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ABG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for ABG suggests a weak or negative 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)
239.33
-1.64 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.68%
1 Week-1.81%
2 Weeks1.82%
1 Month0.14%
3 Month0.7%
6 Month7.06%
12 Month7.39%
2 Year25.06%
3 Year51.71%
5 Year132.4%
10 Year202.18%
15 Year1559.71%
Volatility
ATR(14)8
ATR(20)%3.23%
ATR Inc13.08%
Range Today6.86
ADR(20)7.48
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.64
3 months CRS37.52
6 months CRS42.76
Mansfield-1.3
10 Day High252.89
10 Day Low235.37
20 Day High257.8
20 Day Low234.01
52 Week High312.56
52 Week Low201.68
CS1 End235.44
CR1 Start240.14
Volume & EV
DER(3)-1.24%
DER(5)-0.81%
Volume107.50K
Volume Incr-33.79%
Vol(5)111.40K
Vol(50)149.13K
ASBURY AUTOMOTIVE GROUP / ABG FAQ
What is the technical rating for ABG stock?
ChartMill assigns a technical rating of 3 / 10 to ABG.
Can you provide the trend direction for ASBURY AUTOMOTIVE GROUP?
The current trend direction for ASBURY AUTOMOTIVE GROUP (ABG) is Bearish.
What is the RSI signal for ABG stock?
ASBURY AUTOMOTIVE GROUP (ABG) has an RSI value of 44.4737. This indicates that the stock is currently neutral.
What is the short term momentum for ABG stock?
The short term momentum for ASBURY AUTOMOTIVE GROUP (ABG) is neutral.
Can you provide the support and resistance levels for ASBURY AUTOMOTIVE GROUP?
ASBURY AUTOMOTIVE GROUP (ABG) has a support level at 235.44 and a resistance level at 240.14. Check the full technical report for our detailed analysis of ABG support and resistance levels.