Question 1

What does the Stochastic Oscillator suggest about ABCL's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 2

How did ABCL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 27, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ABCL as a result. In 57 of 65 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 88%.

Question 3

What does MACD indicator imply for ABCL?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for ABCL turned negative on September 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 31 similar instances when the indicator turned negative. In 27 of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at 87%.

Question 4

What does a 3-day price advance indicate for ABCL?

Accepted Answer

Following a +7.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where ABCL advanced for three days, in 121 of 163 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

Question 5

What does a 3-day decline signify for ABCL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABCL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 87%.

Question 6

What does ABCL breaking above its upper Bollinger Band indicate?

Accepted Answer

ABCL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 25 of 28 cases where ABCL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 89%.

Question 7

How does the Aroon Indicator reflect on ABCL's trend?

Accepted Answer

The Aroon Indicator for ABCL entered a downward trend on August 21, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ABCL Stock AbCellera Biologics (ABCL, $2.75) RSI Indicator left the oversold zone on July 08, 2024

ABCL in upward trend: price may ascend as a result of having broken its lower Bollinger Band on August 07, 2024

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