Technical Analysis for ABF - Associated British Foods Plc

Grade Last Price % Change Price Change
A 2702.00 -1.06% -29.00
ABF closed down 1.06 percent on Wednesday, April 24, 2024, on 1.78 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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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
New Uptrend Bullish 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
Inside Day Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
MACD Bullish Signal Line Cross Bullish -1.06%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 15 hours ago
2x Volume Pace about 19 hours ago
1.5x Volume Pace about 19 hours ago
Fell Below Upper Bollinger Band about 20 hours ago
Down 1% about 20 hours ago

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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 Food And Drink Beverage 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 627,500
200-Day Moving Average 2213.48
50-Day Moving Average 2366.60
20-Day Moving Average 2469.80
10-Day Moving Average 2481.10
Average True Range 57.88
RSI (14) 75.73
ADX 26.84
+DI 52.19
-DI 13.47
Chandelier Exit (Long, 3 ATRs) 2591.36
Chandelier Exit (Short, 3 ATRs) 2533.44
Upper Bollinger Bands 2652.18
Lower Bollinger Band 2287.42
Percent B (%b) 1.14
BandWidth 14.77
MACD Line 61.43
MACD Signal Line 35.99
MACD Histogram 25.4408
Fundamentals Value
Market Cap 20.43 Billion
Num Shares 756 Million
EPS 1.34
Price-to-Earnings (P/E) Ratio 2016.42
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) 2769.22
Resistance 3 (R3) 2770.21 2748.80 2758.01
Resistance 2 (R2) 2748.80 2731.68 2748.30 2754.28
Resistance 1 (R1) 2725.40 2721.11 2714.70 2724.41 2750.54
Pivot Point 2703.99 2703.99 2698.64 2703.49 2703.99
Support 1 (S1) 2680.59 2686.87 2669.89 2679.60 2653.46
Support 2 (S2) 2659.18 2676.30 2658.68 2649.72
Support 3 (S3) 2635.78 2659.18 2645.99
Support 4 (S4) 2634.79