Europe - Euronext Brussels - EBR:ABO - BE0974278104 - Common Stock
Taking everything into account, ABO scores 3 out of 10 in our technical rating. ABO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ABO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.87. Right above this resistance zone may be a good entry point.
5.59
2 important support areas can be observed.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ABO.BR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABO.BR is neutral. |
| ChartMill Relative Strength | 54.74 | NEUTRAL | ABO.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABO.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABO.BR is above a declining 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) | 50.29 | NEUTRAL | The RSI value for ABO.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABO.BR has a positive trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for ABO.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for ABO.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for ABO.BR suggests a weak or negative trend. |
EBR:ABO (11/21/2025, 7:00:00 PM)
5.85
+0.1 (+1.74%)
ChartMill assigns a technical rating of 3 / 10 to ABO.BR.
The current trend direction for ABO GROUP ENVIRONMENT (ABO.BR) is Bearish.
ABO GROUP ENVIRONMENT (ABO.BR) has an RSI value of 50.29. This indicates that the stock is currently neutral.
The short term momentum for ABO GROUP ENVIRONMENT (ABO.BR) is neutral.
ABO GROUP ENVIRONMENT (ABO.BR) has a support level at 5.84 and a resistance level at 5.87. Check the full technical report for our detailed analysis of ABO.BR support and resistance levels.