Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Asbury Automotive Group, Inc.

ABG Technical Analysis Summary (NYSE)

Analyze ABG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ABG●NYSE
Consumer CyclicalAuto - Dealerships
$198.03
$1.24(0.62%)
U.S. Market opens in 12h 1m

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

ABG Technical Analysis Summary (NYSE)

Asbury Automotive Group, Inc. (NYSE: ABG) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.91)
Trend Strength:Strong (ADX: 35.26)
Volatility:Medium (ATR: 8.31)
Support/Resistance:$151.47 – $197.16 (Bollinger Bands)

Technical conditions suggest Asbury Automotive Group, Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Asbury Automotive Group, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.91

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.58

Bearish
Overbought levels may trigger pullback.

Williams %R: -23.70

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 20.22

Strongly Bullish
Strong upside momentum.

Takeaway:Asbury Automotive Group, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.88

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.26

Strong
Strong trend, momentum well established.

ATR (14): 8.31

Rising
Rising volatility, market activity increasing.

CCI (14): 148.76

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Asbury Automotive Group, Inc. shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$197.16
Middle Band (SMA 20)
$174.31
Lower Band
$151.47
Current Position
Above Upper Band

Takeaway:Asbury Automotive Group, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$197.58
Middle Line (EMA 20)
$180.96
Lower Channel
$164.34
Squeeze Status
No Squeeze

Takeaway:Asbury Automotive Group, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-4.08M
Money Flow Index77.82Bullish, inflows support continued momentum.
Relative Vigor Index45.60Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Asbury Automotive Group, Inc. (NYSE: ABG), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Asbury Automotive Group, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NYSE: ABG) Technical Analysis FAQ