ABITARE IN SPA (ABT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ABT - IT0005445280 - Common Stock
Overall ABT gets a technical rating of 1 out of 10. ABT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 91% of all other stocks performed better in the past year than ABT.
- ABT is one of the lesser performing stocks in the Household Durables industry. 63% of 34 stocks in the same industry do better.
- ABT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ABT has an average volume of 14781 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ABT has a been trading in the 2.61 - 3.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ABT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.90, a Stop Loss order could be placed below this zone.
More info and screens
2.76
We found 2 important support areas.
- A support zone ranging from 2.88 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.98 to 3.08. 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 | DOWN | NEGATIVE | The long term trend for ABT.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABT.MI is neutral. |
| ChartMill Relative Strength | 9.6 | NEGATIVE | ABT.MI has a low relative strength, it was outperformed by 90.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABT.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABT.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for ABT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for ABT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ABT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for ABT.MI suggests a weak or negative trend. |
BIT:ABT (1/15/2026, 4:47:23 PM)
2.91
+0.01 (+0.17%)
ABITARE IN SPA / ABT.MI FAQ
What is the technical rating for ABT stock?
ChartMill assigns a technical rating of 1 / 10 to ABT.MI.
What is the current trend direction of ABITARE IN SPA (ABT.MI) stock?
The current trend direction for ABITARE IN SPA (ABT.MI) is Bearish.
What is the RSI signal for ABT stock?
ABITARE IN SPA (ABT.MI) has an RSI value of 50.6012. This indicates that the stock is currently neutral.
What is the MACD signal for ABITARE IN SPA (ABT.MI) stock?
The MACD indicator for ABITARE IN SPA (ABT.MI) has a value of 0.00483026, indicating a bearish trend.
What is the support and resistance level for ABT stock?
ABITARE IN SPA (ABT.MI) has a support level at 2.9 and a resistance level at 2.98. Check the full technical report for our detailed analysis of ABT.MI support and resistance levels.