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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Arbutus Biopharma Corporation (NASDAQ:ABUS)

Sidelines Mode (-55) - ABUS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ABUS?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ABUS
Open High Low ABUS Price Change
2.59 2.61 2.55 2.59 -0.01
Entry Signal

MarketClub’s Trade Triangles for ABUS

long term up The long-term trend has been UP since Dec 14th, 2023 at 2.21

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 2.72

short term up The short-term trend has been UP since Mar 27th, 2024 at 2.55

Smart Scan Analysis for ABUS

Based on our trend formula, ABUS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ABUS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.59 2.61 2.55 2.59 -0.01
Prev. Close Volume Bid Ask Time
2.58 395268 2024-03-28 15:59:52
Year High12.6Year High Date2018-08-02
Year Low4.01Year Low Date2018-10-15
52wk High3.14552wk High Date2023-03-30
52wk Low1.6952wk Low Date2023-10-24
Average Volume647,004Shares Outstanding179,492
Market Cap103MAssets144,401,000M
Liabilities38,383,000MP/E Ratio-3.08220000
Volatility102.46
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