AZIENDA BRESCIANA PETROLI NO (ABP.MI) Technical Analysis
BIT:ABP • IT0005439861
Current stock price
ABP.MI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ABP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABP is showing a nice and steady performance.
- Warning: ABP has an average volume of 16880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ABP did better than 94% of all other stocks. On top of that, ABP also shows a nice and consistent pattern of rising prices.
- ABP is part of the Commercial Services & Supplies industry. There are 41 other stocks in this industry. ABP outperforms 95% of them.
- ABP 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 ABP is lagging the market slightly.
- In the last month ABP has a been trading in the 6.15 - 7.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ABP.MI Weekly and Daily overview Charts
ABP.MI Setup Rating and Analysis
Although ABP has an excellent technical rating, it does not present a decent entry opportunity 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
ABP.MI Support and Resistance Analysis
5.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.49 to 6.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.58 from a trend line in the daily time frame.
- Support @5.32 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.11 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
ABP.MI Technical Indicator Signal Analysis
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 | 94.28 | POSITIVE | ABP.MI has a high relative strength, it outperformed 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABP.MI is below 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) | 51.14 | NEUTRAL | The RSI value for ABP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ABP.MI has a negative trend. |
| Stochastics (14,3) | 9.49 | OVERSOLD | The low Stochastics value suggests ABP.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ABP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.74 | POSITIVE | The high ADX value value for ABP.MI suggests a strong trend. |
ABP.MI Chart- and CandleStick Pattern Analysis
ABP.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ABP (4/8/2026, 7:00:00 PM)
6.55
+0.05 (+0.77%)
AZIENDA BRESCIANA PETROLI NO / ABP.MI TA FAQ
What is the technical rating for ABP stock?
ChartMill assigns a technical rating of 10 / 10 to ABP.MI.
What is the current trend direction of AZIENDA BRESCIANA PETROLI NO (ABP.MI) stock?
The current trend direction for AZIENDA BRESCIANA PETROLI NO (ABP.MI) is Bullish.
Can you provide the RSI signal for AZIENDA BRESCIANA PETROLI NO?
AZIENDA BRESCIANA PETROLI NO (ABP.MI) has an RSI value of 51.1409. This indicates that the stock is currently neutral.
What is the MACD signal for AZIENDA BRESCIANA PETROLI NO (ABP.MI) stock?
The MACD indicator for AZIENDA BRESCIANA PETROLI NO (ABP.MI) has a value of -0.126679, indicating a bearish trend.
What is the buy/sell signal for ABP stock?
The buy/sell signal for AZIENDA BRESCIANA PETROLI NO (ABP.MI) is buy as both the short term and long term trends are positive.