Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Abcam plc - American Depositary Shares (NASDAQ:ABCM)
Long-Term Downtrend (-90) - ABCM is in a strong downtrend that is likely to continue. While ABCM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ABCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABCM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABCM
The long-term trend has been DOWN since Dec 12th, 2022 at 13.7200
The intermediate-term trend has been DOWN since Jan 30th, 2023 at 15.1000
The short-term trend has been DOWN since Mar 8th, 2023 at 14.7601
Smart Scan Analysis for ABCM
Based on our trend formula, ABCM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.39||52wk High Date||2022-04-07|
|52wk Low||12.54||52wk Low Date||2022-05-12|