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ABans Enterprise (ABANSENT) — Technical Setup
₹27.30 +1.90% Range Volatility Expansion Bearish
Summary
ABans Enterprise is in a range on the daily chart. RSI(14) is 42.4, MACD is below its signal line, ADX reads 25. Volume in the latest session was 0.1× its 20-day average. Over three months it has outperformed the Nifty 50 by 5.8 percentage points. Nearest support is ₹25.60 and resistance ₹29.31. Its technical score is 25/100 (bearish).
🧮 How the 25/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-7.54)0/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (24.90)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (42.38)2/6
- MACD line above its signal line0/4
- MACD line above zero (-0.30)0/3
- 12-day rate of change positive (-24.86)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (5.77)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.12)5/5
- More volume on up days than down days (20 sessions) (1.39)5/5
- Close above 20-day VWAP (-15.38)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (7.10)0/6
- Price in the upper half of its Bollinger Bands (0.26)2/5
- Shallow drawdown from the 52-week high (-44.11)0/5
- Volatility contracting (20-day volatility below its 6-month median) (92.10)0/4
- Room to the next resistance (≥8% scores full) (7.36)3/5
- Support close below (a tight, definable stop) (6.23)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-44.11)0/5
🧭 Regime: Range
Volatility Expansion — Bollinger width is in the 78th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the Bollinger Band Reversion rules for ABANSENT — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ◆ Neutral | 42.38 | -0.75 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
ABANSENT ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹48.85 | +78.9% | 1 |
| Resistance | ₹38.30 | +40.3% | 1 |
| Resistance | ₹32.79 | +20.1% | 1 |
| Resistance | ₹29.31 | +7.4% | 4 |
| Close | ₹27.30 | — | |
| Support | ₹25.60 | −6.2% | 9 |
52-week range: ₹22.30 – ₹48.85 (-44.11% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹48.85 (2026-05-05) to ₹24.51 (2026-05-22). Price has retraced 11.5% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹30.25 | +10.8% | nearest |
| 38.2% retracement | ₹33.81 | +23.8% | |
| 50.0% retracement | ₹36.68 | +34.4% | |
| 61.8% retracement | ₹39.55 | +44.9% | |
| 78.6% retracement | ₹43.64 | +59.9% | |
| 127.2% extension | ₹17.89 | -34.5% | |
| 161.8% extension | ₹9.47 | -65.3% | |
| 200.0% extension | ₹0.17 | -99.4% |
🕯️ Candlesticks (last 5 sessions)
No classic candlestick pattern in the last five sessions.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens ABANSENT passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| RATNAVEERRatnaveer Precision Engineering Limited | ₹379.20 | +5.26% | 87 | Strong Uptrend | 98.00 |
| SHYAMMETLShyam Metalics and Energy Limited | ₹1,191.00 | +2.42% | 87 | Strong Uptrend | 89.00 |
| SGMARTSG Mart Limited | ₹878.90 | +2.63% | 85 | Strong Uptrend | 97.00 |
| IMPEXFERROImpex Ferro Tech Limited | ₹5.89 | -2.00% | 78 | Strong Uptrend | 99.00 |
| MAHASTEELMahamaya Steel Industries Limited | ₹1,452.20 | +4.88% | 77 | Strong Uptrend | 96.00 |
| MANAKCOATManaksia Coated Metals & Industries Limited | ₹148.17 | +5.68% | 76 | Uptrend | 81.00 |
| STEELCASSteelcast Limited | ₹364.40 | +4.70% | 73 | Uptrend | 92.00 |
| JSWSTEELJSW Steel Limited | ₹1,309.90 | +5.13% | 70 | Range | 74.00 |
| NELCASTNelcast Limited | ₹143.65 | +8.42% | 70 | Strong Uptrend | 84.00 |
| RKFORGERamkrishna Forgings Limited | ₹696.10 | +7.61% | 69 | Range | 82.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.