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ABG Stock Asbury Automotive Group (ABG, $248.59) Moving Average Convergence Divergence (MACD) Histogram turned positive on January 14, 2025

A.I.dvisor
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ABG - Asbury Automotive Group
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $248.59
Daily change: +$6.67 (+2.76%)
Daily volume: 171.3K
Capitalization: $4.9B
Industry: Specialty Stores
This is a Bullish indicator signaling ABG's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 45 similar cases where ABG's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

ABG's RSI Oscillator ascends from oversold territory

The RSI Oscillator for ABG moved out of oversold territory on January 07, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 68 cases where ABG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 14, 2025. You may want to consider a long position or call options on ABG as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ABG just turned positive on January 14, 2025. Looking at past instances where ABG's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ABG advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

ABG moved below its 50-day moving average on December 27, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ABG crossed bearishly below the 50-day moving average on December 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ABG entered a downward trend on January 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ABG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.474) is normal, around the industry mean (12.572). P/E Ratio (8.154) is within average values for comparable stocks, (36.860). Projected Growth (PEG Ratio) (0.519) is also within normal values, averaging (2.650). ABG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (0.332) is also within normal values, averaging (19.519).

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General Information

an operator of an automotive retailers

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
2905 Premiere Parkway North West
Phone
+1 770 418-8200
Employees
15000
Web
https://www.asburyauto.com