ABO GROUP ENVIRONMENT (ABO.BR) Stock Technical Analysis
EBR:ABO - Euronext Brussels - BE0974278104 - Common Stock - Currency: EUR
Taking everything into account, ABO scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, ABO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ABO has an average volume of 2892 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ABO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 82% of 41 stocks in the same industry.
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.
Looking at the yearly performance, ABO did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ABO has a been trading in a tight range between 6.05 and 6.40.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ABO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.14, a Stop Loss order could be placed below this zone.
More info and screens
5.48
6.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.93 to 6.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.24 to 6.41. 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 | NEUTRAL | NEUTRAL | The short term trend for ABO.BR is neutral. |
| ChartMill Relative Strength | 86.74 | POSITIVE | ABO.BR has a high relative strength, it outperformed 86.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABO.BR is below the rising 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) | 48.61 | NEUTRAL | The RSI value for ABO.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ABO.BR has a negative trend. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for ABO.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for ABO.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 44.27 | POSITIVE | The high ADX value value for ABO.BR suggests a strong 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 |
|---|---|---|---|
| 6.28 | 6.14 | 0.14 (2.23%) | 25.00% |
| An entry @6.28. This is a Buy Stop order right above the 10 day moving average. | An exit @6.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABO. Please evaluate whether better entry and exit points can be found.
- 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 (8/6/2025, 10:07:50 AM)
6.15
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0%
1 Week-1.6%
2 Weeks-3.15%
1 Month0.82%
3 Month27.89%
6 Month35.46%
12 Month17.14%
2 Year-11.51%
3 Year19.42%
5 Year192.86%
10 Year61.84%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.87%
ATR Inc-41.67%
Range Today0
ADR(20)0.1
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield0.72
10 Day High6.4
10 Day Low6.15
20 Day High6.4
20 Day Low6.05
52 Week High6.4
52 Week Low4.26
CS1 End6.14
CR1 Start6.24
Volume & EV
DER(3)0%
DER(5)0%
Volume268
Volume Incr4.25%
Vol(5)1.26K
Vol(50)2.89K