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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Absolute Software Corporation (NASDAQ:ABST)

Long-Term Downtrend (-90) - ABST is in a strong downtrend that is likely to continue. While ABST 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 ABST?

MarketClub looks at technical strength and momentum to determine if the timing is right for ABST.

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Open High Low ABST Price Change
7.52 7.58 7.40 7.50 -0.04
Entry Signal

MarketClub’s Trade Triangles for ABST

long term down The long-term trend has been DOWN since Nov 9th, 2022 at 8.99

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2023 at 11.19

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 7.50

Smart Scan Analysis for ABST

Based on our trend formula, ABST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ABST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.52 7.58 7.40 7.50 -0.04
Prev. Close Volume Bid Ask Time
7.54 170774 2023-03-28 15:59:57
52wk High12.58552wk High Date2022-10-05
52wk Low6.7952wk Low Date2022-05-09
Average Volume88,159Shares Outstanding49,202
P/E Ratio133.1429
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