Overall ABCL gets a technical rating of 1 out of 10. ABCL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ABCL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.63, a Stop Loss order could be placed below this zone.
More info and screens
3.37
We found 2 important support areas.
- A support zone ranging from 3.50 to 3.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.74 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ABCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABCL is down. |
| ChartMill Relative Strength | 66.74 | NEUTRAL | ABCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABCL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.35 | NEUTRAL | The RSI value for ABCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ABCL has a positive trend. |
| Stochastics (14,3) | 56 | NEUTRAL | The Stochastics value for ABCL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for ABCL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.43 | POSITIVE | The high ADX value value for ABCL suggests a strong trend. |
3.68
0 (0%)
ABCELLERA BIOLOGICS INC / ABCL FAQ
What is the ChartMill technical rating of ABCELLERA BIOLOGICS INC (ABCL) stock?
ChartMill assigns a technical rating of 1 / 10 to ABCL.
What is the current trend direction of ABCELLERA BIOLOGICS INC (ABCL) stock?
The current trend direction for ABCELLERA BIOLOGICS INC (ABCL) is Bearish.
Can you provide the RSI signal for ABCELLERA BIOLOGICS INC?
ABCELLERA BIOLOGICS INC (ABCL) has an RSI value of 41.3523. This indicates that the stock is currently neutral.
What is the short term momentum for ABCL stock?
The short term momentum for ABCELLERA BIOLOGICS INC (ABCL) is negative.
What are the support and resistance levels for ABCELLERA BIOLOGICS INC (ABCL) stock?
ABCELLERA BIOLOGICS INC (ABCL) has a support level at 3.63 and a resistance level at 3.74. Check the full technical report for our detailed analysis of ABCL support and resistance levels.