AXA ACT BIODIVERSITY EQUCITS (ABIT.DE) Stock Technical Analysis
FRA:ABIT - Deutsche Boerse Ag - IE000SBHVL31 - ETF - Currency: EUR
Taking everything into account, ABIT scores 7 out of 10 in our technical rating. ABIT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: ABIT has an average volume of 1187 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 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.
When compared to the yearly performance of all other stocks, ABIT outperforms 57% of them, which is more or less in line with the market.
In the last month ABIT has a been trading in a tight range between 11.60 and 12.10.
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
10.32
12.92
We found 3 important support areas.
- A support zone ranging from 11.71 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.75 from a trend line in the weekly time frame.
- A support zone ranging from 10.42 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.79 to 12.79. 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 | 57.27 | 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) | 63.19 | NEUTRAL | The RSI value for ABIT.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABIT.DE has a positive trend. |
| Stochastics (14,3) | 90.77 | OVERBOUGHT | The high Stochastics value suggests ABIT.DE may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for ABIT.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.52 | 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 (7/23/2025, 7:00:00 PM)
12.088
+0.17 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.39%
1 Week1.73%
2 Weeks2.32%
1 Month3.51%
3 Month11.04%
6 Month-3.96%
12 Month7.13%
2 Year20.14%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.85%
ATR Inc32.9%
Range Today0.09
ADR(20)0.07
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.27
Mansfield-0.71
10 Day High12.1
10 Day Low11.77
20 Day High12.1
20 Day Low11.6
52 Week High12.81
52 Week Low10.25
CS1 End11.91
CR1 Start12.79
Volume & EV
DER(3)0%
DER(5)0%
Volume1.97K
Volume Incr-19.8%
Vol(5)1.58K
Vol(50)1.19K