AZIENDA BRESCIANA PETROLI NO (ABP.MI) Stock Technical Analysis
BIT:ABP - Euronext Milan - IT0005439861 - Common Stock - Currency: EUR
Overall ABP gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ABP is a bad performer.
100% of all other stocks performed better in the past year than ABP.
ABP is part of the Commercial Services & Supplies industry. There are 43 other stocks in this industry, of which 92% are performing better than ABP.
Warning: ABP has an average volume of 13640 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.
In the last month ABP has a been trading in the 4.28 - 5.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although ABP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.67
5.20
3 important support areas can be observed.
- Support @4.79 from a trend line in the daily time frame.
- A support zone ranging from 4.69 to 4.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.71 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for ABP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABP.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABP.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABP.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABP.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.03 | NEUTRAL | The RSI value for ABP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ABP.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.12 | NEUTRAL | The Stochastics value for ABP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ABP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for ABP.MI 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)
BIT:ABP (6/2/2025, 7:00:00 PM)
5.15
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0%
1 Week4.25%
2 Weeks-3.74%
1 Month20.89%
3 Month12.94%
6 Month39.19%
12 MonthN/A
2 Year38.44%
3 Year41.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%4.84%
ATR Inc-59.89%
Range Today0
ADR(20)0.18
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.4
10 Day Low4.66
20 Day High5.7
20 Day Low4.28
52 Week HighN/A
52 Week LowN/A
CS1 End4.79
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.50K
Volume Incr-52.76%
Vol(5)9.00K
Vol(50)13.64K