ABCELLERA BIOLOGICS INC (ABCL)
CA00288U1066 - Common Stock
Taking everything into account, ABCL scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ABCL was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than ABCL.
ABCL is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 72% of 55 stocks in the same industry do better.
ABCL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ABCL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ABCL has an average volume of 2113100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ABCL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.71, a Stop Loss order could be placed below this zone.
More info and screens
2.64
3.10
When analyzing the support we notice one important area.
- A support zone ranging from 2.67 to 2.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.88 from a horizontal line in the weekly time frame.
- Resistance @3.07 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.31
Mansfield-3.77
10 Day High3.18
10 Day Low2.57
20 Day High3.18
20 Day Low2.5
52 Week High6.06
52 Week Low2.34
Performance
1 Week-1.45%
2 Weeks0%
1 Month0.74%
3 Month4.21%
6 Month-29.35%
12 Month-38.6%
2 Year-78.87%
3 Year-81.82%
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)-0.02
RSI(14)49.01
LBB2.51
UBB3.06
ABCELLERA BIOLOGICS INC
NASDAQ:ABCL (11/21/2024, 8:10:17 PM)
After market: 2.75 +0.03 (+1.1%)2.72
+0.05 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg1.87%
1 Week-1.45%
2 Weeks0%
1 Month0.74%
3 Month4.21%
6 Month-29.35%
12 Month-38.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%6.6%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.18
10 Day Low2.57
20 Day High3.18
20 Day Low2.5
52 Week High6.06
52 Week Low2.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.43M
Volume Incr-16.24%
Vol(5)2.15M
Vol(50)2.11M