


Technical Sentiment Analysis for Absolute Select Value ETF (ABEQ). As of 2026-05-11, Absolute Select Value ETF (ABEQ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ABEQ stands at 42.15, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.22, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.14 and the Commodity Channel Index (CCI) at -89.06 further confirm a -0.4 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, ABEQ is trading above its 60-day moving average of $38.22 and above its 200-day long-term moving average of $36.56. Key price levels to watch include the immediate resistance at $37.72 and strong support at $37.09. A break above $37.72 could signal a bull continuation, while falling below $37.09 may test the next Fibonacci floor at $36.79.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36.46 | 36.79 | 37.09 | 37.42 | 37.72 | 38.05 | 38.35 |
| Fibonacci | 36.79 | 37.03 | 37.18 | 37.42 | 37.66 | 37.81 | 38.05 |
2026-05-11
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.15 |
| Stochastic Oscillator | 10.14 |
| Stochastic RSI | 10.03 |
| Commodity Channel Index (CCI) | -89.06 |
| Awesome Oscillator | -0.48 |
| Momentum | -0.4 |
| MACD | -0.22 |
2026-05-11
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 37.24 | Buy |
| 10-Day | 37.38 | Sell |
| 20-Day | 37.63 | Sell |
| 60-Day | 38.22 | Sell |
| 200-Day | 36.56 | Buy |
| 250-Day | 36.1 | Buy |