Advertisement
Associated British Foods plc

Associated British Foods plc (ASBFY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Associated British Foods plc.

ASBFYPNK
Consumer DefensivePackaged Foods
$26.00
$0.37(1.44%)
U.S. Market opens in 10h 58m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ASBFY Technical Analysis Summary

Associated British Foods plc stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 62.10)
Trend Strength:Weak (ADX: 11.61)
Volatility:Low (ATR: 0.50)
Support/Resistance:$23.95 – $25.88 (Bollinger Bands)

Overall, Associated British Foods plc remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.10

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.88

Bullish
Buying momentum building without extremes.

Williams %R: -13.37

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.05

Bullish
Steady upward momentum.

Takeaway:Associated British Foods plc shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.61

Weak
Weak trend, market trading sideways.

ATR (14): 0.50

Low
Low volatility, stable price action.

CCI (14): 214.62

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Associated British Foods plc shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.88
Middle Band (SMA 20)
$24.91
Lower Band
$23.95
Current Position
Above Upper Band

Takeaway:Associated British Foods plc trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$26.08
Middle Line (EMA 20)
$25.09
Lower Channel
$24.10
Squeeze Status
Squeeze On

Takeaway:Associated British Foods plc trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.74M
Money Flow Index38.40Bearish, selling pressure outweighs inflows.
Relative Vigor Index69.49Bullish, price momentum strongly favors buyers.

Overall Takeaway:ASBFY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Associated British Foods plc, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Associated British Foods plc are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ