AZIENDA BRESCIANA PETROLI NO (ABP.MI) Stock Technical Analysis
BIT:ABP - IT0005439861 - Common Stock
6.45 EUR
+0.1 (+1.57%)
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 one of the lesser performing stocks in the Commercial Services & Supplies industry. 92% of 42 stocks in the same industry do better.
Warning: ABP has an average volume of 15710 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!
In the last month ABP has a been trading in the 4.66 - 6.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.70
6.51
We found 3 important support areas.
- Support @5.06 from a trend line in the daily time frame.
- Support @4.96 from a trend line in the weekly time frame.
- Support @3.74 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) | 73.71 | OVERBOUGHT | The high RSI value suggests ABP.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ABP.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.29 | OVERBOUGHT | The high Stochastics value suggests ABP.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ABP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for ABP.MI 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)
BIT:ABP (8/25/2025, 7:00:00 PM)
6.45
+0.1 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.57%
1 Week8.4%
2 Weeks25.24%
1 Month21.7%
3 Month51.41%
6 Month67.97%
12 MonthN/A
2 Year79.17%
3 Year59.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.98%
ATR Inc-42.22%
Range Today0.1
ADR(20)0.17
ADR(20)%2.64%
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 High6.7
10 Day Low5.15
20 Day High6.7
20 Day Low4.66
52 Week HighN/A
52 Week LowN/A
CS1 End5.06
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.00K
Volume Incr-5.39%
Vol(5)15.80K
Vol(50)15.71K