AbCellera Biologics (ABCL, $4.6) Aroon Indicator entered a Downtrend on September 29, 2023.

A.I.dvisor
at Tickeron.com
09/30/23
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ABCL - AbCellera Biologics
Aroon signal
Bearish Trend
87%
Odds of DOWN Trend
Aroon signal
Price: $4.6
Daily change: -$0.06 (-1.29%)
Daily volume: 1.3M
Industry: Biotechnology
For the last three days, A.I.dvisor has detected that ABCL's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for ABCL, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 196 similar cases, of which were successful. Based on this data, the odds of success are
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
2215 Yukon Street
Phone
+1 604 559-9005
Employees
495
Web
https://www.abcellera.com
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ABCL and

Correlation & Price change

A.I.dvisor indicates that over the last year, ABCL has been loosely correlated with RXRX. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if ABCL jumps, then RXRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABCL
1D Price
Change %
ABCL100%
-1.29%
RXRX - ABCL
51%
Loosely correlated
-1.54%
AXON - ABCL
51%
Loosely correlated
+1.48%
BEAM - ABCL
49%
Loosely correlated
+0.12%
VCYT - ABCL
46%
Loosely correlated
-2.58%
DNA - ABCL
45%
Loosely correlated
+5.23%
More