Overall ABCL gets a technical rating of 4 out of 10. ABCL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ABCL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.38
We found 2 important support areas.
- Support @3.49 from a trend line in the daily time frame.
- Support @3.41 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ABCL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABCL is up. |
| ChartMill Relative Strength | 71.53 | POSITIVE | ABCL has a high relative strength, it outperformed 71.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABCL is above 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) | 68.88 | NEUTRAL | The RSI value for ABCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ABCL has a positive trend. |
| Stochastics (14,3) | 90 | OVERBOUGHT | The high Stochastics value suggests ABCL may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ABCL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for ABCL suggests a possible start of a new trend. |
4.37
+0.26 (+6.33%)
ABCELLERA BIOLOGICS INC / ABCL FAQ
What is the ChartMill technical rating of ABCELLERA BIOLOGICS INC (ABCL) stock?
ChartMill assigns a technical rating of 4 / 10 to ABCL.
What is the trend direction for 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 68.8756. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ABCELLERA BIOLOGICS INC?
The MACD indicator for ABCELLERA BIOLOGICS INC (ABCL) has a value of 0.114311, indicating a bearish trend.
What is the short term momentum for ABCL stock?
The short term momentum for ABCELLERA BIOLOGICS INC (ABCL) is positive.