ABSCI CORP (ABSI) Stock Technical Analysis
NASDAQ:ABSI - Nasdaq - US00091E1091 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ABSI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABSI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ABSI is part of the Biotechnology industry. There are 572 other stocks in this industry. ABSI outperforms 79% of them.
In the last month ABSI has a been trading in the 2.65 - 4.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABSI has an average volume of 4915700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ABSI did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ABSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABSI is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABSI has an excellent technical rating, it does not offer a high quality setup 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
2.52
4.78
5 important support areas can be observed.
- Support @4.08 from a trend line in the daily time frame.
- A support zone ranging from 3.68 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.85 from a trend line in the weekly time frame.
- Support @2.69 from a trend line in the daily time frame.
- Support @2.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.68 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.64
Mansfield-0.35
10 Day High4.88
10 Day Low3.4
20 Day High4.88
20 Day Low2.65
52 Week High6.72
52 Week Low2.45
Performance
1 Week17.03%
2 Weeks13.65%
1 Month51.66%
3 Month52.46%
6 Month7.98%
12 Month-18.76%
2 Year104.25%
3 Year-53.79%
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)0.09
RSI(14)60.59
LBB3.38
UBB4.85
ABSCI CORP
NASDAQ:ABSI (2/11/2025, 11:42:49 AM)
4.485
+0.16 (+3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.58%
1 Week17.03%
2 Weeks13.65%
1 Month51.66%
3 Month52.46%
6 Month7.98%
12 Month-18.76%
2 Year104.25%
3 Year-53.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%9.69%
ATR Inc-14.81%
Range Today0.51
ADR(20)0.41
ADR(20)%9.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.64
Mansfield-0.35
10 Day High4.88
10 Day Low3.4
20 Day High4.88
20 Day Low2.65
52 Week High6.72
52 Week Low2.45
CS1 End4.08
CR1 Start4.68
Volume & EV
DER(3)-2.49%
DER(5)0.07%
Volume2.57M
Volume Incr-12.79%
Vol(5)6.65M
Vol(50)4.92M