ASSOCIATED BRITISH FOODS PLC (ABF.L) Stock Technical Analysis
LON:ABF - London Stock Exchange, The - GB0006731235 - Common Stock - Currency: GBX
Overall ABF gets a technical rating of 1 out of 10. ABF 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, ABF is a bad performer in the overall market: 88% of all stocks are doing better.
ABF is currently trading near the lower end of its 52 week range, which is not a good sign. ABF is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ABF has a been trading in a tight range between 1848.25 and 1931.50.
Although the technical rating is bad, ABF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1916.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1894.58, a Stop Loss order could be placed below this zone.
More info and screens
1,823.57
2,356.33
When analyzing the support we notice one important area.
- A support zone ranging from 1841.99 to 1894.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1916.51 to 1930.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2105.33 from a trend line in the daily time frame.
- Resistance @2333.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.73
Mansfield-1.97
10 Day High1920
10 Day Low1848.25
20 Day High1931.5
20 Day Low1848.25
52 Week High2764
52 Week Low1819
Performance
1 Week1.13%
2 Weeks0.29%
1 Month3.15%
3 Month-14.59%
6 Month-13.04%
12 Month-14.4%
2 Year-1.21%
3 Year14.76%
5 Year6.32%
10 Year-31.99%
15 Year95.76%
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)
Technical Indicators
MACD(12,26,9)5.29
RSI(14)52.28
LBB1843.34
UBB1935.3
LON:ABF (3/7/2025, 5:35:30 PM)
1916.5
+13 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week1.13%
2 Weeks0.29%
1 Month3.15%
3 Month-14.59%
6 Month-13.04%
12 Month-14.4%
2 Year-1.21%
3 Year14.76%
5 Year6.32%
10 Year-31.99%
15 Year95.76%
Volatility
ATR(14)38.73
ATR(20)%1.82%
ATR Inc34.84%
Range Today40
ADR(20)32.2
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.73
Mansfield-1.97
10 Day High1920
10 Day Low1848.25
20 Day High1931.5
20 Day Low1848.25
52 Week High2764
52 Week Low1819
CS1 End1894.58
CR1 Start1916.51
Volume & EV
DER(3)-3.1%
DER(5)-3.21%
Volume558.39K
Volume Incr17.43%
Vol(5)527.93K
Vol(50)557.86K