Abcellera Stock Technical Analysis

ABCL -  USA Stock  

USD 10.05  0.81  7.46%

As of the 16th of January 2022, Abcellera Biologics shows the risk adjusted performance of (0.15), and Mean Deviation of 3.98. Abcellera Biologics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Abcellera Biologics, which can be compared to its rivals. Please confirm Abcellera Biologics jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Abcellera Biologics is priced correctly, providing market reflects its regular price of 10.05 per share. Given that Abcellera Biologics has jensen alpha of (0.51), we suggest you to validate Abcellera Biologics's prevailing market performance to make sure the company can sustain itself at a future point.

Abcellera Technical Analysis 

 
Refresh

Abcellera Biologics Analyst Consensus

Target PriceAdvice# of Analysts
33.0Strong Buy5Odds
Abcellera Biologics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Abcellera analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Abcellera stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Abcellera Biologics, talking to its executives and customers, or listening to Abcellera conference calls.
Abcellera Analyst Advice Details
Abcellera Biologics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Abcellera Biologics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abcellera Biologics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Abcellera Biologics Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-five with a total number of output elements of two hundred fourty-three. The Normalized Average True Range is used to analyze tradable apportunities for Abcellera Biologics across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Abcellera Biologics Trend Analysis

Use this graph to draw trend lines for Abcellera Biologics. You can use it to identify possible trend reversals for Abcellera Biologics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Abcellera Biologics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Abcellera Biologics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Abcellera Biologics applied against its price change over selected period. The best fit line has a slop of   -0.13  , which may suggest that Abcellera Biologics market price will keep on failing further. It has 556 observation points and a regression sum of squares at 60891.81, which is the sum of squared deviations for the predicted Abcellera Biologics price change compared to its average price change.

About Abcellera Biologics Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Abcellera Biologics on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Abcellera Biologics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abcellera Biologics stock first instead of the macroeconomic environment surrounding Abcellera Biologics. By analyzing Abcellera Biologics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Abcellera Biologics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Abcellera Biologics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 (projected)
Book Value per Share5.226.06.47
Asset Turnover0.450.410.42

Abcellera Biologics January 16, 2022 Technical Indicators

Most technical analysis of Abcellera help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Abcellera from various momentum indicators to cycle indicators. When you analyze Abcellera charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Abcellera Biologics January 16, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Abcellera stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. Note that the Abcellera Biologics information on this page should be used as a complementary analysis to other Abcellera Biologics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Abcellera Stock analysis

When running Abcellera Biologics price analysis, check to measure Abcellera Biologics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abcellera Biologics is operating at the current time. Most of Abcellera Biologics' value examination focuses on studying past and present price action to predict the probability of Abcellera Biologics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Abcellera Biologics' price. Additionally, you may evaluate how the addition of Abcellera Biologics to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Is Abcellera Biologics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abcellera Biologics. If investors know Abcellera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abcellera Biologics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Abcellera Biologics is measured differently than its book value, which is the value of Abcellera that is recorded on the company's balance sheet. Investors also form their own opinion of Abcellera Biologics' value that differs from its market value or its book value, called intrinsic value, which is Abcellera Biologics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abcellera Biologics' market value can be influenced by many factors that don't directly affect Abcellera Biologics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abcellera Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine Abcellera Biologics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abcellera Biologics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.