ABSCI CORP (ABSI) Stock Technical Analysis
NASDAQ:ABSI - Nasdaq - US00091E1091 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ABSI. ABSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ABSI is a bad performer in the overall market: 84% of all stocks are doing better.
ABSI 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.
ABSI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ABSI has an average volume of 3576230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABSI is part of the Biotechnology industry. There are 566 other stocks in this industry, ABSI did better than 54% of them.
ABSI 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
2.32
5.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.02 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.34 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.12 to 3.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.21 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.83 from a horizontal 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
CRS16.14
Mansfield-1.72
10 Day High3.54
10 Day Low2.85
20 Day High3.54
20 Day Low2.01
52 Week High6.33
52 Week Low2.01
Performance
1 Week-5.9%
2 Weeks-0.66%
1 Month22.18%
3 Month-18.33%
6 Month-22.7%
12 Month-40.35%
2 Year59.47%
3 Year-16.99%
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)0.04
RSI(14)50.27
LBB2.97
UBB3.24
NASDAQ:ABSI (5/2/2025, 12:44:08 PM)
3.1084
+0.08 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.59%
1 Week-5.9%
2 Weeks-0.66%
1 Month22.18%
3 Month-18.33%
6 Month-22.7%
12 Month-40.35%
2 Year59.47%
3 Year-16.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.87%
ATR Inc-27.55%
Range Today0.1
ADR(20)0.25
ADR(20)%8.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.14
Mansfield-1.72
10 Day High3.54
10 Day Low2.85
20 Day High3.54
20 Day Low2.01
52 Week High6.33
52 Week Low2.01
CS1 End3.02
CR1 Start3.12
Volume & EV
DER(3)-2.59%
DER(5)-1.54%
Volume910.68K
Volume Incr-48.51%
Vol(5)1.67M
Vol(50)3.58M