AZIENDA BRESCIANA PETROLI NO (ABP.MI) Technical Analysis
BIT:ABP • IT0005439861
Current stock price
ABP.MI Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, ABP is a bad performer in the overall market: 100% of all stocks are doing better.
- ABP is one of the lesser performing stocks in the Commercial Services & Supplies industry. 92% of 42 stocks in the same industry do better.
- In the last month ABP has a been trading in the 6.15 - 7.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: ABP has an average volume of 16580 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!
- ABP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ABP is performing more or less in line with the market.
- 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 offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ABP.MI Support and Resistance Analysis
5.21
When analyzing the support we can see 2 important areas.
- Support @5.55 from a trend line in the daily time frame.
- Support @5.26 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.00 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 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) | 49.87 | NEUTRAL | The RSI value for ABP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ABP.MI has a negative trend. |
| Stochastics (14,3) | 27.16 | NEUTRAL | The Stochastics value for ABP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for ABP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.66 | 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 (3/5/2026, 7:00:00 PM)
6.5
-0.3 (-4.41%)
AZIENDA BRESCIANA PETROLI NO / ABP.MI TA FAQ
What is the technical rating for ABP stock?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for AZIENDA BRESCIANA PETROLI NO (ABP.MI) stock?
AZIENDA BRESCIANA PETROLI NO (ABP.MI) has an RSI value of 49.8694. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AZIENDA BRESCIANA PETROLI NO?
The short term momentum for AZIENDA BRESCIANA PETROLI NO (ABP.MI) is positive.
Can you provide the support and resistance levels for AZIENDA BRESCIANA PETROLI NO?
AZIENDA BRESCIANA PETROLI NO (ABP.MI) has a support level at 5.55 and a resistance level at 7. Check the full technical report for our detailed analysis of ABP.MI support and resistance levels.