NYSEARCA:ABI - NYSE Arca -
We assign a technical rating of 10 out of 10 to ABI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABI is showing a nice and steady performance.
Although ABI has an excellent technical rating, the quality of the presented setup is 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.
19.60
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
NYSEARCA:ABI (5/6/2014, 7:59:59 PM)
22.98
+0.23 (+1.01%)