Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
ABSOLUTE SOFTWARE CORP (TSE:ABST)
Sidelines Mode (+55) - ABST 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 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 UP since Jan 11th, 2021 at 16.20
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 17.47
The short-term trend has been UP since Apr 16th, 2021 at 17.40
Smart Scan Analysis for ABST
Based on our trend formula, ABST is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).