PORR AG (ABS2.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ABS2 - AT0000609607 - Common Stock
32.75 EUR
+0.45 (+1.39%)
We assign a technical rating of 10 out of 10 to ABS2. In the last year, ABS2 was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: ABS2 has an average volume of 1998 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, ABS2 did better than 95% of all other stocks. On top of that, ABS2 also shows a nice and consistent pattern of rising prices.
ABS2 is part of the Construction & Engineering industry. There are 46 other stocks in this industry. ABS2 outperforms 86% of them.
ABS2 is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ABS2 has a been trading in the 25.65 - 32.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABS2 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
25.36
33.08
We found 3 important support areas.
- A support zone ranging from 28.45 to 28.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.28 from a trend line in the weekly time frame.
- Support @25.62 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 | NEUTRAL | NEUTRAL | The long term trend for ABS2.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABS2.DE is up. |
| ChartMill Relative Strength | 95.59 | POSITIVE | ABS2.DE has a high relative strength, it outperformed 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABS2.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABS2.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABS2.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.45 | OVERBOUGHT | The high RSI value suggests ABS2.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests ABS2.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.1 | OVERBOUGHT | The high Stochastics value suggests ABS2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ABS2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 36.31 | POSITIVE | The high ADX value value for ABS2.DE 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)
FRA:ABS2 (12/5/2025, 7:00:00 PM)
32.75
+0.45 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.39%
1 Week7.38%
2 Weeks21.75%
1 Month28.68%
3 Month13.72%
6 Month14.91%
12 Month86.93%
2 Year153.48%
3 Year175.67%
5 Year146.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%2.87%
ATR Inc-68.18%
Range Today0.3
ADR(20)0.78
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.59
3 months CRS87.91
6 months CRS79.28
Mansfield0.95
10 Day High32.75
10 Day Low28.05
20 Day High32.75
20 Day Low25.65
52 Week High32.75
52 Week Low16.6
CS1 End28.93
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.11K
Volume Incr36.6%
Vol(5)2.88K
Vol(50)2.00K
PORR AG / ABS2.DE FAQ
What is the ChartMill technical rating of PORR AG (ABS2.DE) stock?
ChartMill assigns a technical rating of 10 / 10 to ABS2.DE.
Can you provide the trend direction for PORR AG?
The current trend direction for PORR AG (ABS2.DE) is Bearish.
Can you provide the RSI signal for PORR AG?
PORR AG (ABS2.DE) has an RSI value of 72.4469. This indicates that the stock is currently overbought.
What is the short term momentum for PORR AG (ABS2.DE) stock?
The short term momentum for PORR AG (ABS2.DE) is positive.