PORR AG (ABS2.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ABS2 - AT0000609607 - Common Stock
Taking everything into account, ABS2 scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABS2 is showing a nice and steady performance.
- Warning: ABS2 has an average volume of 1612 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.
- Looking at the yearly performance, ABS2 did better than 94% of all other stocks. We also observe that the gains produced by ABS2 over the past year are nicely spread over this period.
- ABS2 is one of the better performing stocks in the Construction & Engineering industry, it outperforms 84% of 45 stocks in the same industry.
- A new 52 week high is currently being made by ABS2, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ABS2 has a been trading in the 31.00 - 34.80 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.
ABS2 has an excellent technical rating, but the quality of the setup is only medium 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
27.66
We found 4 important support areas.
- A support zone ranging from 32.65 to 33.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.24 from a horizontal line in the daily time frame.
- Support @28.45 from a horizontal line in the daily time frame.
- Support @27.94 from a trend line in the weekly 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 ABS2.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABS2.DE is up. |
| ChartMill Relative Strength | 94.59 | POSITIVE | ABS2.DE has a high relative strength, it outperformed 94.59% 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) | 63.12 | NEUTRAL | The RSI value for ABS2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ABS2.DE has a positive trend. |
| Stochastics (14,3) | 91.11 | OVERBOUGHT | The high Stochastics value suggests ABS2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ABS2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for ABS2.DE suggests a possible start of a new trend. |
FRA:ABS2 (1/27/2026, 7:00:00 PM)
34.8
+1.05 (+3.11%)
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.
What is the current trend direction of PORR AG (ABS2.DE) stock?
The current trend direction for PORR AG (ABS2.DE) is Bullish.
What is the RSI signal for PORR AG (ABS2.DE) stock?
PORR AG (ABS2.DE) has an RSI value of 63.1234. This indicates that the stock is currently neutral.
What is the short term momentum for ABS2 stock?
The short term momentum for PORR AG (ABS2.DE) is positive.
What is the support and resistance level for ABS2 stock?
PORR AG (ABS2.DE) has a support level at 33.25. Check the full technical report for our detailed analysis of ABS2.DE support and resistance levels.