ABO GROUP ENVIRONMENT (ABO.BR) Stock Technical Analysis
EBR:ABO - Euronext Brussels - BE0974278104 - Common Stock - Currency: EUR
Taking everything into account, ABO scores 7 out of 10 in our technical rating. Although ABO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ABO has an average volume of 2964 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.
ABO 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 ABO is lagging the market slightly.
ABO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, ABO outperforms 55% of them, which is more or less in line with the market.
ABO is an average performer in the Commercial Services & Supplies industry, it outperforms 68% of 42 stocks in the same industry.
In the last month ABO has a been trading in a tight range between 5.95 and 6.30.
Besides having an excellent technical rating, ABO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.27
6.27
We found 2 important support areas.
- A support zone ranging from 5.94 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.07 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 ABO.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABO.BR is up. |
| ChartMill Relative Strength | 55.4 | NEUTRAL | ABO.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABO.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABO.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABO.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.83 | NEUTRAL | The RSI value for ABO.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ABO.BR has a negative trend. |
| Stochastics (14,3) | 45.71 | NEUTRAL | The Stochastics value for ABO.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ABO.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for ABO.BR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.09 | 5.94 | 0.15 (2.46%) | 25.00% |
| An entry @6.09. This is a Buy Stop order right above the 10 day moving average. | An exit @5.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.15 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:ABO (7/11/2025, 7:00:00 PM)
6.05
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0%
1 Week-0.82%
2 Weeks1.68%
1 Month-1.63%
3 Month9.01%
6 Month21.98%
12 Month9.01%
2 Year-14.18%
3 Year21%
5 Year188.1%
10 Year35.07%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.69%
ATR Inc75%
Range Today0.05
ADR(20)0.09
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.4
Mansfield0.62
10 Day High6.3
10 Day Low5.95
20 Day High6.3
20 Day Low5.95
52 Week High6.4
52 Week Low4.26
CS1 End6
CR1 Start6.07
Volume & EV
DER(3)0%
DER(5)0%
Volume48
Volume Incr-35.98%
Vol(5)1.27K
Vol(50)2.96K