Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
ABSOLUTE SOFTWARE CORP (TSE: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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABST
The long-term trend has been DOWN since Feb 27th, 2023 at 11.65
The intermediate-term trend has been DOWN since Feb 15th, 2023 at 14.91
The short-term trend has been DOWN since Mar 27th, 2023 at 10.24
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).