ASBURY AUTOMOTIVE GROUP (ABG)

US0434361046 - Common Stock

221.97  +4.85 (+2.23%)

After market: 221.97 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, ABG scores 4 out of 10 in our technical rating. In the last year, ABG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ABG turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
ABG is part of the Specialty Retail industry. There are 126 other stocks in this industry, ABG did better than 66% of them.
ABG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABG is lagging the market slightly.
In the last month ABG has a been trading in the 206.62 - 235.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ABG Weekly chart
ABG Daily chart
Setup Rating and Analysis

5

ABG has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

196.57

246.13

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 216.66 to 220.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 206.79 to 210.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 202.22 to 202.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @198.56 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • Strong resistance @229.30 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 233.48 to 234.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @243.69 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.46
Mansfield-0.81
10 Day High226.47
10 Day Low206.62
20 Day High235.78
20 Day Low206.62
52 Week High256.39
52 Week Low178.4
Performance
1 Week3.18%
2 Weeks2.05%
1 Month-5.86%
3 Month3.76%
6 Month18.98%
12 Month14.74%
2 Year20.83%
3 Year11.76%
5 Year176.84%
10 Year259.52%
15 Year2195.45%
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)53.6
LBB209.17
UBB227.63
ABG Daily chart

ASBURY AUTOMOTIVE GROUP

NYSE:ABG (4/26/2024, 7:04:00 PM)

After market: 221.97 0 (0%)

221.97

+4.85 (+2.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.23%
1 Week3.18%
2 Weeks2.05%
1 Month-5.86%
3 Month3.76%
6 Month18.98%
12 Month14.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.85
ATR(20)%2.87%
ATR Inc
Range Today9.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High226.47
10 Day Low206.62
20 Day High235.78
20 Day Low206.62
52 Week High256.39
52 Week Low178.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume170.30K
Volume Incr32.48%
Vol(5)197.90K
Vol(50)167.31K