AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) Stock Technical Analysis
FRA:ABIT - Deutsche Boerse Ag - IE000SBHVL31 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to ABIT. Although ABIT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ABIT has an average volume of 1188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ABIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABIT is lagging the market slightly.
In the last month ABIT has a been trading in the 11.60 - 12.33 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 51% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although ABIT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.45
12.91
We found 3 important support areas.
- A support zone ranging from 11.50 to 12.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.77 from a trend line in the weekly time frame.
- Support @10.56 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.78 to 12.78. 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 | 51.48 | 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) | 68.49 | NEUTRAL | The RSI value for ABIT.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ABIT.DE has a positive trend. |
| Stochastics (14,3) | 94.18 | OVERBOUGHT | The high Stochastics value suggests ABIT.DE may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for ABIT.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for ABIT.DE suggests a possible start of a new 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)
FRA:ABIT (7/29/2025, 7:00:00 PM)
12.274
+0.05 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.39%
1 Week2.52%
2 Weeks3.26%
1 Month5%
3 Month8.24%
6 Month-3%
12 Month7.03%
2 Year21.98%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.82%
ATR Inc4.08%
Range Today0.06
ADR(20)0.06
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.48
Mansfield-0.66
10 Day High12.33
10 Day Low11.77
20 Day High12.33
20 Day Low11.6
52 Week High12.81
52 Week Low10.25
CS1 End12.02
CR1 Start12.78
Volume & EV
DER(3)0%
DER(5)0%
Volume4
Volume Incr-72.3%
Vol(5)620.2
Vol(50)1.19K