ABITARE IN SPA (ABT.MI) Stock Technical Analysis
BIT:ABT • IT0005445280
We assign a technical rating of 0 out of 10 to ABT. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than ABT.
- 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 14993 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 - 3.06 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.
- ABT is part of the Household Durables industry. There are 35 other stocks in this industry, ABT did better than 41% of them.
ABT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
2.76
When analyzing the support we can see 2 important areas.
- Support @2.86 from a trend line in the daily time frame.
- Support @2.79 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.87 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.96 to 2.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @3.66 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 | NEUTRAL | NEUTRAL | The short term trend for ABT.MI is neutral. |
| ChartMill Relative Strength | 12.96 | NEGATIVE | ABT.MI has a low relative strength, it was outperformed by 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABT.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABT.MI is below 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) | 47.96 | NEUTRAL | The RSI value for ABT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ABT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.7 | OVERSOLD | The low Stochastics value suggests ABT.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ABT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for ABT.MI suggests a strong trend. |
BIT:ABT (2/12/2026, 7:00:00 PM)
2.865
+0.07 (+2.5%)
ABITARE IN SPA / ABT.MI FAQ
What is the technical rating for ABT stock?
ChartMill assigns a technical rating of 0 / 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 47.963. 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 -0.00664694, indicating a bearish trend.
What is the support and resistance level for ABT stock?
ABITARE IN SPA (ABT.MI) has a support level at 2.86 and a resistance level at 2.87. Check the full technical report for our detailed analysis of ABT.MI support and resistance levels.