Stock Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
ABCELLERA BIOLOGICS INC. COMMON SHARES (NASDAQ:ABCL)
Bull Market Weakness (+75) - ABCL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABCL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ABCL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABCL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABCL
The long-term trend has been DOWN since Dec 15th, 2020 at 50.00
The intermediate-term trend has been UP since Jan 19th, 2021 at 47.00
The short-term trend has been UP since Jan 13th, 2021 at 42.48
Smart Scan Analysis for ABCL
Based on our trend formula, ABCL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).