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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Asbury Automotive Group Inc (NYSE:ABG)
Bull Market Weakness (+75) - ABG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ABG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ABG
The long-term trend has been UP since Dec 14th, 2023 at 235.000
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 215.690
The short-term trend has been UP since May 6th, 2024 at 215.605
Smart Scan Analysis for ABG
Based on our trend formula, ABG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 217.22 | 222.29 | 217.22 | 221.33 | +2.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 219.30 | 77439 | 2024-05-08 14:21:55 |
| Year High | 77.75 | Year High Date | 2018-08-21 |
| Year Low | 58.6 | Year Low Date | 2018-10-19 |
| 52wk High | 256.39 | 52wk High Date | 2023-07-11 |
| 52wk Low | 178.395 | 52wk Low Date | 2023-10-25 |
| Year End Close | 32.03 | Average Volume | 174,407 |
| Shares Outstanding | 20,172 | Short Interest | 1,800,421 |
| % Institutional | 97.2 | Market Cap | 1,984M |
| Assets | 101,315,000M | Liabilities | 678,460,000M |
| P/E Ratio | 7.9543 | Beta | 1.62 |
| Volatility | 41.7 |