RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AB.PA
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Red day on Thursday for AB Science S.A. stock after losing 1.36%
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -1.36% PDF

The AB Science S.A. stock price fell by -1.36% on the last day (Thursday, 28th Mar 2024) from 2.57€ to 2.53€. During the last trading day the stock fluctuated 3.78% from a day low at 2.52€ to a day high of 2.61€. The price has risen in 6 of the last 10 days and is up by 4.12% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -33 thousand shares and in total, 42 thousand shares were bought and sold for approximately 105.88€ thousand.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 2.56€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -36.71% during the next 3 months and, with a 90% probability hold a price between 0.93€ and 1.62€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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AB.PA Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The AB Science S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 2.54€ and 2.71€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -2.88%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for AB Science S.A. stock

On the downside, the stock finds support just below today's level from accumulated volume at 2.33€ and 2.17€. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AB Science S.A. finds support just below today's level at 2.33€. If this is broken, then the next support from accumulated volume will be at 2.17€ and 1.96€.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0.0950€ between high and low, or 3.78%. For the last week the stock has had daily average volatility of 4.92%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AB.PA) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect AB Science S.A. to open at 2.55€, and during the day (based on 14 day Average True Range), to move between 2.36€ and 2.70€, which gives a possible trading interval of +/-0.167€ (+/-6.60%) up or down from last closing price. If AB Science S.A. takes out the full calculated possible swing range there will be an estimated 13.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 2.61€ (2.96%) than the support at 2.33€ (7.91%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is AB Science S.A. stock A Buy?

AB Science S.A. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.458 Sell Candidate Unchanged

Predicted Opening Price for AB Science S.A. of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
2.55€ ( 0.86%) 2.53€

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AB.PA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.65 4.61 %
R2 2.61 3.18 %
R1 2.59 2.29 %
Current price: 2.53
Support S1 2.52 -0.578 %
S2 2.49 -1.46 %
S3 2.46 -2.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.13 23.72 %
R2 3.13 23.52 %
R1 2.61 2.96 %
Current price 2.53
Support S1 2.33 -7.91%
S2 2.17 -14.23%
S3 1.96 -22.61%

FAQ

What is the symbol for AB Science S.A. Stock and on which exchange is it traded?
The symbol for AB Science S.A. is AB.PA and it is traded on the PAR (Euronext Paris).

Should I buy or sell AB Science S.A. Stock?
AB Science S.A. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy AB Science S.A. Stock?
AB Science S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AB Science S.A. Stock.

What's the current price of AB Science S.A. Stock?
As of the end of day on the 2024-03-28, the price of an AB Science S.A. (AB.PA) share was 2.53€.

What is the 52-week high and low for AB Science S.A. Stock?
The 52-week high for AB Science S.A. Stock is 6.73€ and the 52-week low is 1.55€.

What is the market capitalization of AB Science S.A. Stock?
As of the 2024-03-28, the market capitalization of AB Science S.A. is 129.21M.

When is the next earnings date for AB Science S.A.?
The upcoming earnings date for AB Science S.A. is Apr 30, 2024.
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About AB Science S.A.

AB Science S.A. AB Science S.A., a pharmaceutical company, engages in the research, development, and marketing of protein kinase inhibitors for use in human and veterinary medicines. Its lead compound is the masitinib, a tyrosine kinase inhibitor that is in Phase III clinical trials for the treatment of prostate and pancreatic cancer, amyotrophic lateral sclerosis, multiple sclerosis, Alzheimer's, severe asthma, and mastocytosis diseases, as well as in Phase II ... AB.PA Profile

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