ASHTEAD GROUP PLC (AHT.L) Stock Technical Analysis
LON:AHT - London Exchange - GB0000536739 - Common Stock - Currency: GBX
We assign a technical rating of 4 out of 10 to AHT. In the past year, AHT 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.
AHT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4371.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AHT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4,116.42
2 important support areas can be observed.
- A support zone ranging from 4323.82 to 4371.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4158.00 to 4170.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4440.01 from a horizontal line in the weekly time frame.
- Resistance @4564.00 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 AHT.L is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AHT.L is up. |
| ChartMill Relative Strength | 15.24 | NEGATIVE | AHT.L has a low relative strength, it was outperformed by 84.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AHT.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AHT.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AHT.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.54 | NEUTRAL | The RSI value for AHT.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 14.09 | POSITIVE | The MACD value suggests AHT.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.7 | OVERBOUGHT | The high Stochastics value suggests AHT.L may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for AHT.L suggests some volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for AHT.L suggests a weak or negative trend. |
LON:AHT (6/19/2025, 5:29:52 PM)
4440
-36 (-0.8%)