Londinia Opportunities Analyses - 09/23/2021 (GMT) ABCELLERA BIOLOGICS INC. - 1H

ABCELLERA BIOLOGICS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: ABCL
ISIN: CA00288U1066

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 21.29 USD
My targets
22.63 USD (+3.14%)
23.29 USD (+6.15%)
My analysis
The bullish trend is currently very strong on ABCELLERA BIOLOGICS INC.. As long as the price remains above the support at 21.29 USD, you could try to benefit from the boom. The first bullish objective is located at 22.63 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 23.29 USD as an objective. Crossing it would then enable buyers to target 34.10 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

ABCELLERA BIOLOGICS INC. rating 21.94 USD. The price registered an increase of +2.81% on the session with the lowest point at 21.17 USD and the highest point at 22.09 USD. The deviation from the price is +3.64% for the low point and -0.68% for the high point.

21.17
22.09
21.94

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on ABCELLERA BIOLOGICS INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of ABCELLERA BIOLOGICS INC. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.71 19.73 21.29 21.94 22.63 23.29 34.10
Change (%) -19.28% -10.07% -2.96% - +3.14% +6.15% +55.42%
Change -4.23 -2.21 -0.65 - +0.69 +1.35 +12.16
Level Major Major Minor - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.7720.1920.7721.1921.7722.1922.77
Camarilla21.0721.1621.2521.3421.4321.5221.62
Woodie19.8420.2320.8421.2321.8422.2322.84
Fibonacci20.1920.5820.8121.1921.5821.8122.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.4014.9017.6320.1322.8625.3628.09
Camarilla18.9219.4019.8820.3620.8421.3221.80
Woodie12.5214.9617.7520.1922.9825.4228.21
Fibonacci14.9016.9018.1320.1322.1323.3625.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.5512.6614.7216.8318.8921.0023.06
Camarilla15.6316.0216.4016.7817.1617.5517.93
Woodie10.5312.6514.7016.8218.8720.9923.04
Fibonacci12.6614.2515.2416.8318.4219.4121.00

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 64.30
MACD (12,26,9): 0.4700
Directional Movement: 12.37
AROON (14): 78.57
DEMA (21): 21.40
Parabolic SAR (0,02-0,02-0,2): 19.27
Elder Ray (13): 0.34
Super Trend (3,10): 19.82
Zig ZAG (10): 21.64
VORTEX (21): 1.1800
Stochastique (14,3,5): 86.73
TEMA (21): 21.52
Williams %R (14): -1.72
Chande Momentum Oscillator (20): 1.56
Repulse (5,40,3): 2.5500
ROCnROLL: 1
TRIX (15,9): 0.3200
Courbe Coppock: 9.83
MA7: 20.54
MA20: 18.80
MA50: 17.20
MA100: 21.29
MAexp7: 21.33
MAexp20: 20.95
MAexp50: 20.01
MAexp100: 19.21
Price / MA7: +6.82%
Price / MA20: +16.70%
Price / MA50: +27.56%
Price / MA100: +3.05%
Price / MAexp7: +2.86%
Price / MAexp20: +4.73%
Price / MAexp50: +9.65%
Price / MAexp100: +14.21%

Quotes : - 15 min delayed data - Actions NASDAQ