Technical Analysis for ABF - Associated British Foods Plc

Grade Last Price % Change Price Change
A 2648.00 0.46% 12.00
ABF closed down 0.75 percent on Wednesday, May 1, 2024, on 52 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.46%
NR7 Range Contraction 0.46%
NR7-2 Range Contraction 0.46%
Spinning Top Other -0.30%
Calm After Storm Range Contraction -0.30%
NR7 Range Contraction -0.30%
Hammer Candlestick Bullish -0.23%
180 Bullish Setup Bullish Swing Setup -0.23%
Calm After Storm Range Contraction -0.23%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.49%

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Profile

Associated British Foods Plc Description

Associated British Foods plc is an international food, ingredients and retail company. The Company's segments include grocery, sugar, agriculture, ingredients and retail. Its geographical segments include the United Kingdom, Europe and Africa, the Americas and Asia Pacific. The grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products, which are sold to retail, wholesale and foodservice businesses. The sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users. The agriculture segment manufactures animal feeds and the provision of other products and services for the agriculture sector. The ingredients segment manufactures bakers yeast, bakery ingredients and enzymes, among others. The retail segment buys and merchandises value clothing and accessories through the Primark and Penneys retail chains.


Classification

Sector: Consumer Defensive
Industry: Packaged Foods
Keywords: Oil Food Beverage Food And Drink Culture E Retail Rowing Agriculture Clothing Foods Cloth Oils Grocery Store Ingredient Meat Baker Animal Feed Bakery Enzymes Merchandise Retail Chains Bread Grocery Products Meat Products Vegetable Oil Spice

Is ABF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2765.0
52 Week Low 1806.5204
Average Volume 663,650
200-Day Moving Average 2228.11
50-Day Moving Average 2404.54
20-Day Moving Average 2512.15
10-Day Moving Average 2609.50
Average True Range 53.95
RSI (14) 64.66
ADX 31.4
+DI 41.73
-DI 20.57
Chandelier Exit (Long, 3 ATRs) 2603.15
Chandelier Exit (Short, 3 ATRs) 2521.65
Upper Bollinger Bands 2756.24
Lower Bollinger Band 2268.06
Percent B (%b) 0.75
BandWidth 19.43
MACD Line 75.51
MACD Signal Line 62.17
MACD Histogram 13.3363
Fundamentals Value
Market Cap 19.93 Billion
Num Shares 756 Million
EPS 1.34
Price-to-Earnings (P/E) Ratio 1967.16
Price-to-Sales 0.86
Price-to-Book 1.52
PEG Ratio 1.19
Dividend 0.47
Dividend Yield 0.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2684.00
Resistance 3 (R3) 2683.67 2667.33 2676.00
Resistance 2 (R2) 2667.33 2655.11 2667.50 2673.33
Resistance 1 (R1) 2651.67 2647.56 2643.50 2652.00 2670.67
Pivot Point 2635.33 2635.33 2631.25 2635.50 2635.33
Support 1 (S1) 2619.67 2623.11 2611.50 2620.00 2601.33
Support 2 (S2) 2603.33 2615.56 2603.50 2598.67
Support 3 (S3) 2587.67 2603.33 2596.00
Support 4 (S4) 2588.00