ABCELLERA BIOLOGICS INC (ABCL) Stock Technical Analysis
NASDAQ:ABCL - Nasdaq - CA00288U1066 - Common Stock - Currency: USD
Overall ABCL gets a technical rating of 2 out of 10. In the past year, ABCL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than ABCL.
ABCL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ABCL has a been trading in the 1.89 - 2.68 range, which is quite wide. It is currently trading near the high of this range.
ABCL has an average volume of 4175450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ABCL is an average performer in the Life Sciences Tools & Services industry, it outperforms 56% of 56 stocks in the same industry.
ABCL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.47
2.91
We can see 3 important resistance areas.
- A resistance zone ranging from 2.53 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.71 from a trend line in the weekly time frame.
- Resistance @2.88 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.81
Mansfield-1.22
10 Day High2.68
10 Day Low2.31
20 Day High2.68
20 Day Low1.89
52 Week High4.34
52 Week Low1.89
Performance
1 Week-4.23%
2 Weeks4.18%
1 Month12.16%
3 Month-21.45%
6 Month-8.79%
12 Month-38.21%
2 Year-64.28%
3 Year-67.32%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)52.06
LBB2.35
UBB2.65
2.49
-0.12 (-4.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-4.6%
1 Week-4.23%
2 Weeks4.18%
1 Month12.16%
3 Month-21.45%
6 Month-8.79%
12 Month-38.21%
2 Year-64.28%
3 Year-67.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.99%
ATR Inc0.02%
Range Today0.15
ADR(20)0.17
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.81
Mansfield-1.22
10 Day High2.68
10 Day Low2.31
20 Day High2.68
20 Day Low1.89
52 Week High4.34
52 Week Low1.89
CS1 EndN/A
CR1 Start2.53
Volume & EV
DER(3)10.44%
DER(5)6.71%
Volume3.45M
Volume Incr-19.89%
Vol(5)3.37M
Vol(50)4.18M