Overall ABSI gets a technical rating of 7 out of 10. Both in the recent history as in the last year, ABSI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ABSI has an excellent technical rating, it does not present a decent entry opportunity 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
2.41
We found 5 important support areas.
- A support zone ranging from 3.37 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.13 from a trend line in the weekly time frame.
- Support @2.84 from a trend line in the daily time frame.
- Support @2.49 from a trend line in the weekly time frame.
- Support @2.43 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @3.98 from a horizontal line in the daily time frame.
- Resistance @4.09 from a trend line in the weekly time frame.
- Resistance @5.83 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for ABSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABSI is up. |
| ChartMill Relative Strength | 80.99 | POSITIVE | ABSI has a high relative strength, it outperformed 80.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABSI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.13 | NEUTRAL | The RSI value for ABSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ABSI has a positive trend. |
| Stochastics (14,3) | 78.76 | NEUTRAL | The Stochastics value for ABSI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for ABSI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for ABSI suggests a possible start of a new trend. |
3.9
+0.16 (+4.28%)
ABSCI CORP / ABSI FAQ
What is the ChartMill technical rating of ABSCI CORP (ABSI) stock?
ChartMill assigns a technical rating of 7 / 10 to ABSI.
Can you provide the trend direction for ABSCI CORP?
The current trend direction for ABSCI CORP (ABSI) is Bullish.
What is the RSI signal for ABSCI CORP (ABSI) stock?
ABSCI CORP (ABSI) has an RSI value of 61.1257. This indicates that the stock is currently neutral.
What is the MACD signal for ABSI stock?
The MACD indicator for ABSCI CORP (ABSI) has a value of 0.030936, indicating a bearish trend.
What is the support and resistance level for ABSI stock?
ABSCI CORP (ABSI) has a support level at 3.37 and a resistance level at 3.98. Check the full technical report for our detailed analysis of ABSI support and resistance levels.