ABL GROUP ASA (ABL.OL) Stock Technical Analysis
Europe - OSL:ABL - NO0010715394 - Common Stock
We assign a technical rating of 0 out of 10 to ABL. ABL'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.
ABL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.70. Right above this resistance zone may be a good entry point.
More info and screens
8.35
We found 1 important support area.
- Support @8.43 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 8.70 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.10 to 9.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.47 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.72 from a trend line in the weekly time frame.
- Resistance @9.94 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ABL.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABL.OL is down. |
| ChartMill Relative Strength | 17.24 | NEGATIVE | ABL.OL has a low relative strength, it was outperformed by 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABL.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABL.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for ABL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABL.OL has a positive trend. |
| Stochastics (14,3) | 51.19 | NEUTRAL | The Stochastics value for ABL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ABL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for ABL.OL suggests a weak or negative trend. |
OSL:ABL (10/24/2025, 7:00:00 PM)
8.68
-0.1 (-1.14%)
ABL GROUP ASA / ABL.OL FAQ
What is the technical rating for ABL stock?
ChartMill assigns a technical rating of 0 / 10 to ABL.OL.
What is the trend direction for ABL stock?
The current trend direction for ABL GROUP ASA (ABL.OL) is Bearish.
What is the RSI signal for ABL stock?
ABL GROUP ASA (ABL.OL) has an RSI value of 47.0825. This indicates that the stock is currently neutral.
What is the short term momentum for ABL GROUP ASA (ABL.OL) stock?
The short term momentum for ABL GROUP ASA (ABL.OL) is negative.
What is the support and resistance level for ABL stock?
ABL GROUP ASA (ABL.OL) has a support level at 8.43 and a resistance level at 8.7. Check the full technical report for our detailed analysis of ABL.OL support and resistance levels.