We Analyzed Asbury Automotive Group Inc ($ABG) – Here’s What We Found (2019-10-18)

REPORTING FOR 2019-10-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ABG has been trading over the last 2 weeks and the past day especially. On its latest session, Asbury Automotive Group Inc ($ABG) opened at 100.4, reaching a high of 101.53 and a low of 100.02 before closing at a price of 100.36. There was a total volume of 23317.

VOLUME INDICATORS FOR ASBURY AUTOMOTIVE GROUP INC ($ABG): We saw an accumulation-distribution index of 305.91733, an on-balance volume of -100.25, chaikin money flow of 1.67257 and a force index of 1.7802. There was an ease of movement rating of 0.0089, a volume-price trend of 12.258 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ASBURY AUTOMOTIVE GROUP INC ($ABG): We noted an average true range of 1.12556, bolinger bands of 100.72394, an upper bollinger band of 98.54606, lower bollinger band of 100.02, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 100.65, high band keltner channel of 99.52, low band keltner channel of 101.78, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 100.02, a donchian channel low band of 100.02, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ASBURY AUTOMOTIVE GROUP INC ($ABG): We calculated a Moving Average Convergence Divergence (MACD) of -0.01728, a MACD signal of -0.0096, a MACD difference of -0.00768, a fast Exponential Moving Average (EMA) indicator of 100.02, a slow Exponential Moving Average (EMA) indicator of 100.02, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.09346, a trix of 7.45652, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -10.98107, a KST Oscillator (KST) of 123.32883 and a KST Oscillator (KST Signal) of 123.32883 (leaving a KST difference of -2.16198). We also found an Ichimoku rating of 100.965, an Ichimoku B rating of 100.965, a Ichimoku visual trend A of 92.45644, an Ichimoku visual trend B of 95.07956, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ASBURY AUTOMOTIVE GROUP INC ($ABG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.65524, a stochastic oscillator of 133.62832, a stochastic oscillator signal of 133.62832, a Williams %R rating of 33.62832 and an awesome oscillator of -0.15933.

RETURNS FOR ASBURY AUTOMOTIVE GROUP INC ($ABG): There was a daily return of 12.33288, a daily log return of -0.77282 and a cumulative return of -0.76985.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Asbury Automotive Group Inc ($ABG)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Asbury Automotive Group Inc ($ABG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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