ABITARE IN SPA (ABT.MI) Stock Technical Analysis
BIT:ABT - Euronext Milan - IT0005445280 - Common Stock - Currency: EUR
Taking everything into account, ABT scores 1 out of 10 in our technical rating. ABT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, ABT is a bad performer in the overall market: 83% of all stocks are doing better.
Warning: ABT has an average volume of 10838 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 3.04 - 3.35 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 an average performer in the Household Durables industry, it outperforms 45% of 34 stocks in the same industry.
ABT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ABT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.10, a Stop Loss order could be placed below this zone.
More info and screens
2.70
4.53
We found 3 important support areas.
- A support zone ranging from 3.07 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.98 from a horizontal line in the daily time frame.
- Support @2.73 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.22 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.38 to 3.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.09 from a trend line in the weekly time frame.
- Resistance @4.35 from a horizontal line in the daily time frame.
- Resistance @4.49 from a horizontal line in the daily 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 | 17.32 | NEGATIVE | ABT.MI has a low relative strength, it was outperformed by 82.68% 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) | UP | MIXED | The current price of ABT.MI is below 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) | 48.54 | 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) | 60 | NEUTRAL | The Stochastics value for ABT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ABT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.55 | NEGATIVE | The low ADX value for ABT.MI 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)
BIT:ABT (7/10/2025, 2:29:35 PM)
3.215
-0.03 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.86%
1 Week-0.16%
2 Weeks4.45%
1 Month-3.45%
3 Month6.7%
6 Month-25.92%
12 Month-22.9%
2 Year-39.57%
3 Year-44.18%
5 Year-92.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.36%
ATR Inc-69.26%
Range Today0.03
ADR(20)0.04
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-2.33
10 Day High3.35
10 Day Low3.04
20 Day High3.35
20 Day Low3.04
52 Week High4.7
52 Week Low2.5
CS1 End3.1
CR1 Start3.22
Volume & EV
DER(3)0%
DER(5)0%
Volume1.07K
Volume Incr-88.03%
Vol(5)652.8
Vol(50)10.84K