AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) Stock Technical Analysis
FRA:ABIT • IE000SBHVL31
Overall ABIT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ABIT is only an average performer.
- Warning: ABIT has an average volume of 729 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ABIT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ABIT has a been trading in the 12.74 - 13.53 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ABIT turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- Volume is considerably higher in the last couple of days.
Although ABIT has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
11.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.78 to 13.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.39 to 12.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.12 from a horizontal line in the daily time frame.
- Support @11.40 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.43 to 13.43. 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 | UP | POSITIVE | The long term trend for ABIT.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABIT.DE is up. |
| ChartMill Relative Strength | 57.47 | NEUTRAL | ABIT.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABIT.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABIT.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABIT.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.69 | NEUTRAL | The RSI value for ABIT.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ABIT.DE has a positive trend. |
| Stochastics (14,3) | 86.6 | OVERBOUGHT | The high Stochastics value suggests ABIT.DE may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for ABIT.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for ABIT.DE suggests a weak or negative trend. |
FRA:ABIT (2/27/2026, 7:00:00 PM)
13.416
+0 (+0.03%)
AXA ACT BIODIVERSITY EQUCITS / ABIT.DE FAQ
What is the ChartMill technical rating of AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) stock?
ChartMill assigns a technical rating of 8 / 10 to ABIT.DE.
What is the current trend direction of AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) stock?
The current trend direction for AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) is Bullish.
Can you provide the RSI signal for AXA ACT BIODIVERSITY EQUCITS?
AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) has an RSI value of 67.6872. This indicates that the stock is currently neutral.
What is the MACD signal for AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) stock?
The MACD indicator for AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) has a value of 0.0370825, indicating a bearish trend.
What is the short term momentum for AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) stock?
The short term momentum for AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) is positive.