AZIENDA BRESCIANA PETROLI NO (ABP.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ABP - IT0005439861 - Common Stock
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 44 other stocks in this industry, of which 86% are performing better than ABP.
- Warning: ABP has an average volume of 16620 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 5.45 - 7.50 range, which is quite wide. It is currently trading near the high of this range.
Although ABP has an excellent technical rating, it does not offer a high quality setup 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
3.73
4 important support areas can be observed.
- A support zone ranging from 6.14 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.40 from a trend line in the daily time frame.
- Support @5.11 from a trend line in the weekly time frame.
- Support @3.77 from a trend line in the daily time frame.
When analyzing the resistance we notice one important 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.
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) | 68.23 | NEUTRAL | The RSI value for ABP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABP.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.31 | NEUTRAL | The Stochastics value for ABP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ABP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.32 | POSITIVE | The high ADX value value for ABP.MI suggests a strong trend. |
BIT:ABP (1/8/2026, 7:00:00 PM)
7.1
-0.1 (-1.39%)
AZIENDA BRESCIANA PETROLI NO / ABP.MI 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 68.2263. 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 6.14 and a resistance level at 7.11. Check the full technical report for our detailed analysis of ABP.MI support and resistance levels.