ASBURY AUTOMOTIVE GROUP (ABG) Stock Technical Analysis
NYSE:ABG - New York Stock Exchange, Inc. - US0434361046 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ABG. ABG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ABG is a bad performer in the overall market: 70% of all stocks are doing better.
ABG is currently trading near the lower end of its 52 week range, which is not a good sign. ABG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ABG has a been trading in the 201.68 - 236.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
ABG is part of the Specialty Retail industry. There are 121 other stocks in this industry, ABG did better than 65% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ABG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 213.97, a Stop Loss order could be placed below this zone.
More info and screens
207.60
247.47
When analyzing the support we notice one important area.
- A support zone ranging from 209.70 to 213.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 219.80 to 221.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @228.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 233.22 to 237.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @245.02 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.11
Mansfield-0.78
10 Day High234.46
10 Day Low204.57
20 Day High236.97
20 Day Low201.68
52 Week High312.56
52 Week Low201.68
Performance
1 Week-0.53%
2 Weeks-1.81%
1 Month-3.16%
3 Month-26.47%
6 Month-4.32%
12 Month2.05%
2 Year12.76%
3 Year18.74%
5 Year223.17%
10 Year159.6%
15 Year1302.83%
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)1.12
RSI(14)43.72
LBB214.05
UBB228.47
218.14
+1.88 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.87%
1 Week-0.53%
2 Weeks-1.81%
1 Month-3.16%
3 Month-26.47%
6 Month-4.32%
12 Month2.05%
2 Year12.76%
3 Year18.74%
5 Year223.17%
10 Year159.6%
15 Year1302.83%
Volatility
ATR(14)10.57
ATR(20)%6.21%
ATR Inc41.64%
Range Today15.35
ADR(20)12.07
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.11
Mansfield-0.78
10 Day High234.46
10 Day Low204.57
20 Day High236.97
20 Day Low201.68
52 Week High312.56
52 Week Low201.68
CS1 End213.97
CR1 Start219.8
Volume & EV
DER(3)-0.77%
DER(5)1.22%
Volume505.80K
Volume Incr36.66%
Vol(5)407.00K
Vol(50)254.81K