PORR AG (ABS2.DE) Stock Technical Analysis
FRA:ABS2 - AT0000609607 - Common Stock
28.8 EUR
-0.1 (-0.35%)
We assign a technical rating of 6 out of 10 to ABS2. In the last year, ABS2 was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month ABS2 has a been trading in the 28.25 - 31.30 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ABS2 has an average volume of 869 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ABS2 did better than 95% 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 82% of 42 stocks in the same industry.
ABS2 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABS2 is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ABS2 has an average technical rating and also 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
14.28
32.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.40 to 28.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.00 from a horizontal line in the weekly time frame.
- Support @15.22 from a trend line in the weekly time frame.
- Support @14.42 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.82 to 30.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.95 to 32.00. 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 ABS2.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABS2.DE is down. |
| ChartMill Relative Strength | 95.98 | POSITIVE | ABS2.DE has a high relative strength, it outperformed 95.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABS2.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABS2.DE is below 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) | 43.47 | NEUTRAL | The RSI value for ABS2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ABS2.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.58 | OVERSOLD | The low Stochastics value suggests ABS2.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ABS2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.7 | NEGATIVE | The low ADX value for ABS2.DE suggests a weak or negative 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 (9/5/2025, 7:00:00 PM)
28.8
-0.1 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.35%
1 Week-3.03%
2 Weeks-4.32%
1 Month-4.32%
3 Month1.05%
6 Month9.51%
12 Month109.61%
2 Year145.32%
3 Year217.88%
5 Year141.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.64%
ATR Inc-35.81%
Range Today0.55
ADR(20)0.63
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.98
Mansfield1.31
10 Day High31.15
10 Day Low28.25
20 Day High31.3
20 Day Low28.25
52 Week High32.55
52 Week Low13.14
CS1 End28.45
CR1 Start28.82
Volume & EV
DER(3)0%
DER(5)0%
Volume1.74K
Volume Incr45.05%
Vol(5)1.13K
Vol(50)869.64