Technical Analysis for ABST - Absolute Software Corporation

Grade Last Price % Change Price Change
C 13.965 0.83% 0.12
ABST closed down 1.98 percent on Friday, March 5, 2021, on 1.28 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Down
Historical ABST trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.83%
50 DMA Support Bullish 0.83%
Hammer Candlestick Bullish 0.83%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.83%
Down 3 Days in a Row Weakness 0.83%
Lower Bollinger Band Touch Weakness 0.83%
Oversold Stochastic Weakness 0.83%
Oversold Stochastic Weakness -1.17%
Fell Below 20 DMA Bearish -4.09%
Stochastic Reached Oversold Weakness -4.09%
Older End-of-Day Signals for ABST ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
50 DMA Support 27 minutes ago
Down 1% 27 minutes ago
Trending on StockTwits about 22 hours ago
50 DMA Support 3 days ago
Lower Bollinger Band Support 3 days ago
View Earlier Intraday Alerts

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Profile

Absolute Software Corporation Description

Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations. The company offers the Absolute platform to provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools, as well as for reporting and analytics, geotechnology, and endpoint investigation and recovery applications. It also provides professional, technical support, and investigation services. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, financial services, healthcare sectors, and consumers. It operates in North America, Europe, and Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Cloud Computing Computer Security Operating System Healthcare Sector Data Security Healthcare Sectors Endpoint Security Dell Software Investigation Services Productivity Tools

Is ABST a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.2
52 Week Low 9.36
Average Volume 116,167
200-Day Moving Average 0.00
50-Day Moving Average 13.64
20-Day Moving Average 15.02
10-Day Moving Average 14.93
Average True Range 0.85
ADX 35.13
+DI 27.54
-DI 30.74
Chandelier Exit (Long, 3 ATRs ) 18.66
Chandelier Exit (Short, 3 ATRs ) 15.44
Upper Bollinger Band 16.56
Lower Bollinger Band 13.48
Percent B (%b) 0.12
BandWidth 20.50
MACD Line 0.28
MACD Signal Line 0.53
MACD Histogram -0.2498
Fundamentals Value
Market Cap 675.57 Million
Num Shares 48.8 Million
EPS
Price-to-Sales 4.28
Price-to-Book 0.00
Dividend 0.25
Dividend Yield 1.81%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.05
Resistance 3 (R3) 15.98 15.17 15.69
Resistance 2 (R2) 15.17 14.61 15.21 15.56
Resistance 1 (R1) 14.51 14.27 14.11 14.58 15.44
Pivot Point 13.71 13.71 13.50 13.74 13.71
Support 1 (S1) 13.04 13.15 12.64 13.12 12.26
Support 2 (S2) 12.24 12.80 12.27 12.14
Support 3 (S3) 11.58 12.24 12.01
Support 4 (S4) 11.65