ABITARE IN SPA (ABT.MI) Technical Analysis
BIT:ABT • IT0005445280
We assign a technical rating of 3 out of 10 to ABT. In the past year, ABT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ABT is a bad performer in the overall market: 81% of all stocks are doing better.
- ABT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABT is lagging the market.
- Warning: ABT has an average volume of 15029 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 2.79 - 3.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- ABT is an average performer in the Household Durables industry, it outperforms 54% of 32 stocks in the same industry.
Although the technical rating is bad, ABT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.93, a Stop Loss order could be placed below this zone.
More info and screens
2.67
3 important support areas can be observed.
- A support zone ranging from 2.89 to 2.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @2.79 from a horizontal line in the daily time frame.
- A support zone ranging from 2.70 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @2.97 from a trend line in the daily time frame.
- A resistance zone ranging from 3.02 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.61 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 | DOWN | NEGATIVE | The long term trend for ABT.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABT.MI is up. |
| ChartMill Relative Strength | 19.46 | NEGATIVE | ABT.MI has a low relative strength, it was outperformed by 80.54% 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) | UP | POSITIVE | The current price of ABT.MI is above the rising 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) | 52.34 | NEUTRAL | The RSI value for ABT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.63 | NEUTRAL | The Stochastics value for ABT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ABT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.56 | POSITIVE | The high ADX value value for ABT.MI suggests a strong trend. |
ABT.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ABT (3/6/2026, 5:20:31 PM)
2.94
-0.01 (-0.34%)
ABITARE IN SPA / ABT.MI FAQ
What is the technical rating for ABT stock?
ChartMill assigns a technical rating of 3 / 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 52.3437. 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 0.0085326, indicating a bearish trend.
What is the support and resistance level for ABT stock?
ABITARE IN SPA (ABT.MI) has a support level at 2.93 and a resistance level at 2.97. Check the full technical report for our detailed analysis of ABT.MI support and resistance levels.