ASBURY AUTOMOTIVE GROUP (ABG) Stock Technical Analysis
NYSE:ABG - New York Stock Exchange, Inc. - US0434361046 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ABG. Although ABG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ABG has a been trading in the 247.94 - 306.46 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ABG is one of the better performing stocks in the market, outperforming 83% of all stocks.
ABG is one of the better performing stocks in the Specialty Retail industry, it outperforms 80% of 121 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ABG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ABG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
219.47
308.92
4 important support areas can be observed.
- A support zone ranging from 249.58 to 251.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @242.73 from a horizontal line in the daily time frame.
- A support zone ranging from 236.14 to 236.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 221.69 to 224.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 260.56 to 267.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @305.86 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
CRS83.78
Mansfield0.3
10 Day High280.11
10 Day Low247.94
20 Day High306.46
20 Day Low247.94
52 Week High312.56
52 Week Low202.98
Performance
1 Week-5.05%
2 Weeks-7.79%
1 Month-15.93%
3 Month-1.6%
6 Month14.85%
12 Month21.53%
2 Year21.35%
3 Year59.08%
5 Year361.42%
10 Year206.67%
15 Year1816.09%
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)-4.41
RSI(14)35.21
LBB243.83
UBB299.65
254.84
-2.34 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.91%
1 Week-5.05%
2 Weeks-7.79%
1 Month-15.93%
3 Month-1.6%
6 Month14.85%
12 Month21.53%
2 Year21.35%
3 Year59.08%
5 Year361.42%
10 Year206.67%
15 Year1816.09%
Volatility
ATR(14)8.25
ATR(20)%3.15%
ATR Inc-10.16%
Range Today9.07
ADR(20)7.66
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.78
Mansfield0.3
10 Day High280.11
10 Day Low247.94
20 Day High306.46
20 Day Low247.94
52 Week High312.56
52 Week Low202.98
CS1 End251.41
CR1 Start260.56
Volume & EV
DER(3)-0.8%
DER(5)-2.44%
Volume134.30K
Volume Incr2.46%
Vol(5)178.78K
Vol(50)180.61K