Absci (ABSI, $3.03) entered Downtrend as Momentum indicator drops below 0 level on Apr 29, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
ABSI - Absci Corp
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $3.03
Daily change: -$0.16 (-5.02%)
Daily volume: 1.5M
Industry: Biotechnology

This indicator may be signaling that ABSI's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 70 similar cases where ABSI's Momentum Indicator fell below the 0 level, and 64 of them led to a successful outcome. Odds of Success: 90%.