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Absci Corp
Buy, Hold or Sell?

Let's analyze Absci together

I guess you are interested in Absci Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Absci Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Absci (30 sec.)










1.2. What can you expect buying and holding a share of Absci? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$1.95
Expected worth in 1 year
$2.00
How sure are you?
16.7%

+ What do you gain per year?

Total Gains per Share
$0.05
Return On Investment
1.7%

For what price can you sell your share?

Current Price per Share
$3.15
Expected price per share
$1.99 - $3.53
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Absci (5 min.)




Live pricePrice per Share (EOD)
$3.15
Intrinsic Value Per Share
$0.64 - $1.09
Total Value Per Share
$2.59 - $3.04

2.2. Growth of Absci (5 min.)




Is Absci growing?

Current yearPrevious yearGrowGrow %
How rich?$221.4m$259.1m-$50.6m-24.3%

How much money is Absci making?

Current yearPrevious yearGrowGrow %
Making money-$23m-$27.9m$4.8m21.1%
Net Profit Margin-3,579.5%-1,369.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Absci (5 min.)




2.4. Comparing to competitors in the Biotechnology industry (5 min.)




  Industry Rankings (Biotechnology)  


Richest
#247 / 950

Most Revenue
#516 / 950

Most Profit
#708 / 950

Most Efficient
#805 / 950
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Absci?

Welcome investor! Absci's management wants to use your money to grow the business. In return you get a share of Absci.

First you should know what it really means to hold a share of Absci. And how you can make/lose money.

Speculation

The Price per Share of Absci is $3.15. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Absci.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Absci, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.95. Based on the TTM, the Book Value Change Per Share is $0.01 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Absci.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.22-6.9%-0.20-6.4%-0.25-7.8%-0.20-6.4%-0.20-6.4%
Usd Book Value Change Per Share-0.16-5.2%0.010.4%-0.22-7.0%0.113.4%0.113.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.16-5.2%0.010.4%-0.22-7.0%0.113.4%0.113.4%
Usd Price Per Share3.08-3.57-2.13-3.02-3.02-
Price to Earnings Ratio-3.53--4.41--2.37--3.42--3.42-
Price-to-Total Gains Ratio-18.78--10.04--10.59--14.51--14.51-
Price to Book Ratio1.58-1.93-0.92-1.19-1.19-
Price-to-Total Gains Ratio-18.78--10.04--10.59--14.51--14.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.15
Number of shares317
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.11
Usd Total Gains Per Share0.010.11
Gains per Quarter (317 shares)4.2534.35
Gains per Year (317 shares)17.00137.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101770137127
2034240275264
3051410412401
4068580550538
5085750687675
60102920824812
701191090962949
80136126010991086
90153143012371223
100170160013741360

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.018.00.00.0%0.018.00.00.0%0.018.00.00.0%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%3.012.03.016.7%3.012.03.016.7%3.012.03.016.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%3.012.03.016.7%3.012.03.016.7%3.012.03.016.7%
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3.2. Key Performance Indicators

The key performance indicators of Absci Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.1640.013-1323%-0.222+35%0.108-251%0.108-251%
Book Value Per Share--1.9501.837+6%2.282-15%1.532+27%1.532+27%
Current Ratio--6.4865.643+15%6.192+5%5.574+16%5.574+16%
Debt To Asset Ratio--0.1330.169-21%0.144-7%0.340-61%0.340-61%
Debt To Equity Ratio--0.1540.208-26%0.168-9%0.449-66%0.449-66%
Dividend Per Share----0%-0%-0%-0%
Eps---0.218-0.203-7%-0.246+13%-0.203-7%-0.203-7%
Free Cash Flow Per Share---0.151-0.134-12%-0.183+21%-0.152+0%-0.152+0%
Free Cash Flow To Equity Per Share---0.1520.040-480%-0.187+22%0.088-274%0.088-274%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1.091--------
Intrinsic Value_10Y_min--0.636--------
Intrinsic Value_1Y_max---0.615--------
Intrinsic Value_1Y_min---0.604--------
Intrinsic Value_3Y_max---1.295--------
Intrinsic Value_3Y_min---1.248--------
Intrinsic Value_5Y_max---1.310--------
Intrinsic Value_5Y_min---1.264--------
Market Cap357701400.000+2%349752480.000405394920.000-14%241306500.000+45%342939120.000+2%342939120.000+2%
Net Profit Margin---19.488-35.795+84%-13.698-30%-21.005+8%-21.005+8%
Operating Margin---21.040-37.032+76%-12.401-41%-21.259+1%-21.259+1%
Operating Ratio--22.04039.741-45%15.655+41%21.291+4%21.291+4%
Pb Ratio1.615+2%1.5791.934-18%0.917+72%1.186+33%1.186+33%
Pe Ratio-3.613-2%-3.533-4.410+25%-2.371-33%-3.422-3%-3.422-3%
Price Per Share3.150+2%3.0803.570-14%2.125+45%3.020+2%3.020+2%
Price To Free Cash Flow Ratio-5.206-2%-5.091-6.403+26%-2.871-44%-3.913-23%-3.913-23%
Price To Total Gains Ratio-19.212-2%-18.785-10.039-47%-10.588-44%-14.512-23%-14.512-23%
Quick Ratio--10.3717.975+30%8.797+18%6.481+60%6.481+60%
Return On Assets---0.097-0.093-4%-0.096-1%-0.071-26%-0.071-26%
Return On Equity---0.112-0.112+0%-0.112+1%-0.129+15%-0.129+15%
Total Gains Per Share---0.1640.013-1323%-0.222+35%0.108-251%0.108-251%
Usd Book Value--221488000.000208546750.000+6%259180000.000-15%173938888.889+27%173938888.889+27%
Usd Book Value Change Per Share---0.1640.013-1323%-0.222+35%0.108-251%0.108-251%
Usd Book Value Per Share--1.9501.837+6%2.282-15%1.532+27%1.532+27%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.218-0.203-7%-0.246+13%-0.203-7%-0.203-7%
Usd Free Cash Flow---17176000.000-15161500.000-12%-20732500.000+21%-17213611.111+0%-17213611.111+0%
Usd Free Cash Flow Per Share---0.151-0.134-12%-0.183+21%-0.152+0%-0.152+0%
Usd Free Cash Flow To Equity Per Share---0.1520.040-480%-0.187+22%0.088-274%0.088-274%
Usd Market Cap357701400.000+2%349752480.000405394920.000-14%241306500.000+45%342939120.000+2%342939120.000+2%
Usd Price Per Share3.150+2%3.0803.570-14%2.125+45%3.020+2%3.020+2%
Usd Profit---24750000.000-23066000.000-7%-27939250.000+13%-20972666.667-15%-20972666.667-15%
Usd Revenue--1270000.000812500.000+56%2140500.000-41%1288611.111-1%1288611.111-1%
Usd Total Gains Per Share---0.1640.013-1323%-0.222+35%0.108-251%0.108-251%
 EOD+5 -3MRQTTM+14 -19YOY+22 -115Y+18 -1510Y+18 -15

3.3 Fundamental Score

Let's check the fundamental score of Absci Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.613
Price to Book Ratio (EOD)Between0-11.615
Net Profit Margin (MRQ)Greater than0-19.488
Operating Margin (MRQ)Greater than0-21.040
Quick Ratio (MRQ)Greater than110.371
Current Ratio (MRQ)Greater than16.486
Debt to Asset Ratio (MRQ)Less than10.133
Debt to Equity Ratio (MRQ)Less than10.154
Return on Equity (MRQ)Greater than0.15-0.112
Return on Assets (MRQ)Greater than0.05-0.097
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Absci Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.117
Ma 20Greater thanMa 503.257
Ma 50Greater thanMa 1003.697
Ma 100Greater thanMa 2003.887
OpenGreater thanClose3.090
Total0/5 (0.0%)

4. In-depth Analysis

4.1 About Absci Corp

Absci Corporation operates as a data-first generative artificial intelligence (AI) drug creation company in the United States. The company combines AI with scalable wet lab technologies to create biologics for patients. Its integrated drug creation platform is designed to improve upon traditional biologic drug discovery by using AI to simultaneously optimize multiple drug characteristics that may be important to development and therapeutic benefit. It has a collaboration with Memorial Sloan Kettering Cancer Center to discover novel therapeutics using generative AI; with AstraZeneca PLC for AI-driven drug discovery against an oncology target; and with Twist Bioscience Corporation to design a novel therapeutic using generative AI. The company was founded in 2011 and is headquartered in Vancouver, Washington.

Fundamental data was last updated by Penke on 2024-11-14 08:54:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Absci earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Absci to the Biotechnology industry mean.
  • A Net Profit Margin of -1,948.8% means that $-19.49 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Absci Corp:

  • The MRQ is -1,948.8%. The company is making a huge loss. -2
  • The TTM is -3,579.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,948.8%TTM-3,579.5%+1,630.7%
TTM-3,579.5%YOY-1,369.8%-2,209.7%
TTM-3,579.5%5Y-2,100.5%-1,479.1%
5Y-2,100.5%10Y-2,100.5%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,948.8%-112.2%-1,836.6%
TTM-3,579.5%-221.4%-3,358.1%
YOY-1,369.8%-210.0%-1,159.8%
5Y-2,100.5%-342.2%-1,758.3%
10Y-2,100.5%-464.5%-1,636.0%
4.3.1.2. Return on Assets

Shows how efficient Absci is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Absci to the Biotechnology industry mean.
  • -9.7% Return on Assets means that Absci generated $-0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Absci Corp:

  • The MRQ is -9.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -9.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-9.7%TTM-9.3%-0.4%
TTM-9.3%YOY-9.6%+0.3%
TTM-9.3%5Y-7.1%-2.1%
5Y-7.1%10Y-7.1%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.7%-11.3%+1.6%
TTM-9.3%-11.7%+2.4%
YOY-9.6%-11.3%+1.7%
5Y-7.1%-12.7%+5.6%
10Y-7.1%-14.1%+7.0%
4.3.1.3. Return on Equity

Shows how efficient Absci is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Absci to the Biotechnology industry mean.
  • -11.2% Return on Equity means Absci generated $-0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Absci Corp:

  • The MRQ is -11.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -11.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-11.2%TTM-11.2%+0.0%
TTM-11.2%YOY-11.2%+0.0%
TTM-11.2%5Y-12.9%+1.6%
5Y-12.9%10Y-12.9%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.2%-14.2%+3.0%
TTM-11.2%-15.9%+4.7%
YOY-11.2%-14.3%+3.1%
5Y-12.9%-18.5%+5.6%
10Y-12.9%-19.3%+6.4%
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4.3.2. Operating Efficiency of Absci Corp.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Absci is operating .

  • Measures how much profit Absci makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Absci to the Biotechnology industry mean.
  • An Operating Margin of -2,104.0% means the company generated $-21.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Absci Corp:

  • The MRQ is -2,104.0%. The company is operating very inefficient. -2
  • The TTM is -3,703.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,104.0%TTM-3,703.2%+1,599.2%
TTM-3,703.2%YOY-1,240.1%-2,463.1%
TTM-3,703.2%5Y-2,125.9%-1,577.4%
5Y-2,125.9%10Y-2,125.9%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,104.0%-222.9%-1,881.1%
TTM-3,703.2%-310.7%-3,392.5%
YOY-1,240.1%-223.5%-1,016.6%
5Y-2,125.9%-387.1%-1,738.8%
10Y-2,125.9%-498.5%-1,627.4%
4.3.2.2. Operating Ratio

Measures how efficient Absci is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 22.04 means that the operating costs are $22.04 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Absci Corp:

  • The MRQ is 22.040. The company is inefficient in keeping operating costs low. -1
  • The TTM is 39.741. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ22.040TTM39.741-17.701
TTM39.741YOY15.655+24.086
TTM39.7415Y21.291+18.449
5Y21.29110Y21.2910.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ22.0402.465+19.575
TTM39.7413.253+36.488
YOY15.6553.298+12.357
5Y21.2914.788+16.503
10Y21.2916.494+14.797
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4.4.3. Liquidity of Absci Corp.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Absci is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 6.49 means the company has $6.49 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Absci Corp:

  • The MRQ is 6.486. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.643. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.486TTM5.643+0.844
TTM5.643YOY6.192-0.549
TTM5.6435Y5.574+0.069
5Y5.57410Y5.5740.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4863.637+2.849
TTM5.6433.890+1.753
YOY6.1924.666+1.526
5Y5.5745.953-0.379
10Y5.5746.277-0.703
4.4.3.2. Quick Ratio

Measures if Absci is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Absci to the Biotechnology industry mean.
  • A Quick Ratio of 10.37 means the company can pay off $10.37 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Absci Corp:

  • The MRQ is 10.371. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.975. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ10.371TTM7.975+2.396
TTM7.975YOY8.797-0.822
TTM7.9755Y6.481+1.494
5Y6.48110Y6.4810.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ10.3713.086+7.285
TTM7.9753.451+4.524
YOY8.7974.456+4.341
5Y6.4815.931+0.550
10Y6.4816.436+0.045
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4.5.4. Solvency of Absci Corp.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Absci assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Absci to Biotechnology industry mean.
  • A Debt to Asset Ratio of 0.13 means that Absci assets are financed with 13.3% credit (debt) and the remaining percentage (100% - 13.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Absci Corp:

  • The MRQ is 0.133. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.169. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.133TTM0.169-0.036
TTM0.169YOY0.144+0.025
TTM0.1695Y0.340-0.170
5Y0.34010Y0.3400.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1330.350-0.217
TTM0.1690.344-0.175
YOY0.1440.310-0.166
5Y0.3400.365-0.025
10Y0.3400.382-0.042
4.5.4.2. Debt to Equity Ratio

Measures if Absci is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Absci to the Biotechnology industry mean.
  • A Debt to Equity ratio of 15.4% means that company has $0.15 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Absci Corp:

  • The MRQ is 0.154. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.208. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.154TTM0.208-0.055
TTM0.208YOY0.168+0.040
TTM0.2085Y0.449-0.240
5Y0.44910Y0.4490.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1540.394-0.240
TTM0.2080.432-0.224
YOY0.1680.380-0.212
5Y0.4490.451-0.002
10Y0.4490.490-0.041
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Absci generates.

  • Above 15 is considered overpriced but always compare Absci to the Biotechnology industry mean.
  • A PE ratio of -3.53 means the investor is paying $-3.53 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Absci Corp:

  • The EOD is -3.613. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.533. Based on the earnings, the company is expensive. -2
  • The TTM is -4.410. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.613MRQ-3.533-0.080
MRQ-3.533TTM-4.410+0.877
TTM-4.410YOY-2.371-2.039
TTM-4.4105Y-3.422-0.987
5Y-3.42210Y-3.4220.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-3.613-2.303-1.310
MRQ-3.533-2.403-1.130
TTM-4.410-3.148-1.262
YOY-2.371-3.251+0.880
5Y-3.422-6.084+2.662
10Y-3.422-6.764+3.342
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Absci Corp:

  • The EOD is -5.206. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.091. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.403. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.206MRQ-5.091-0.116
MRQ-5.091TTM-6.403+1.312
TTM-6.403YOY-2.871-3.532
TTM-6.4035Y-3.913-2.490
5Y-3.91310Y-3.9130.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-5.206-3.042-2.164
MRQ-5.091-3.234-1.857
TTM-6.403-3.719-2.684
YOY-2.871-4.557+1.686
5Y-3.913-8.332+4.419
10Y-3.913-9.276+5.363
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Absci is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of 1.58 means the investor is paying $1.58 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Absci Corp:

  • The EOD is 1.615. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.579. Based on the equity, the company is underpriced. +1
  • The TTM is 1.934. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.615MRQ1.579+0.036
MRQ1.579TTM1.934-0.355
TTM1.934YOY0.917+1.017
TTM1.9345Y1.186+0.748
5Y1.18610Y1.1860.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD1.6151.943-0.328
MRQ1.5792.051-0.472
TTM1.9342.356-0.422
YOY0.9172.454-1.537
5Y1.1863.714-2.528
10Y1.1864.378-3.192
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Absci Corp.

4.8.1. Institutions holding Absci Corp

Institutions are holding 62.721% of the shares of Absci Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-06-30FMR Inc11.07870.002512580604-2229850-15.0559
2024-06-30Redmile Group, LLC7.2681.5369825331600
2024-06-30Fred Alger Management, LLC6.39050.10877256775-151034-2.0388
2024-06-30ARK Investment Management LLC4.84680.15045503888222679467.9503
2024-06-30BlackRock Inc4.70670.000453448124445186494.1149
2024-06-30Vanguard Group Inc3.77090.0003428207283680024.2884
2024-06-30State Street Corp1.71470.000319471811677817622.8809
2024-06-30Marshall Wace Asset Management Ltd1.6150.0075183390234707923.3437
2024-06-30Geode Capital Management, LLC1.59370.000518096971123538163.7431
2024-06-30ADAR1 Capital Management LLC1.49580.987616985291111545189.3655
2024-06-30Woodline Partners LP1.2990.043414750768910.0604
2024-06-30Casdin Capital, LLC0.85710.228997326000
2024-06-30Citadel Advisors Llc0.74570.0005846826760820884.6127
2024-06-30Millennium Management LLC0.71490.0012811773-958221-54.137
2024-06-30Two Sigma Investments LLC0.65020.0052738311476102181.5735
2024-06-30Nikko Asset Management Americas Inc0.64440.025973175831094673.8919
2024-06-30Sumitomo Mitsui Trust Group Inc0.64440.001773175831094673.8919
2024-06-30Qube Research & Technologies0.62650.0035711459-59210-7.6829
2024-06-30Perceptive Advisors LLC0.61640.051970000000
2024-06-30Boxer Capital LLC0.61640.113570000000
Total 51.89583.270858930997+10230149+17.4%

4.9.2. Funds holding Absci Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-10-31ARK Genomic Revolution ETF6.71042.539476201074360746.07
2024-09-30ARK Genomic Revolution5.54451.8091629614385419415.6965
2024-09-30Fidelity Growth Compy Commingled Pl S5.09660.02495787534359910.6258
2024-08-31Alger Small Cap Focus Composite4.96931.9491564298700
2024-08-31Alger Small Cap Focus I4.96931.9491564298700
2024-09-30Fidelity Growth Company Fund3.62760.02394119349-8746-0.2119
2024-09-30Vanguard Total Stock Mkt Idx Inv2.50360.0006284297600
2024-10-31iShares Russell 2000 ETF1.86010.0122112300-4746-0.2242
2024-09-30Columbia Acorn Inst1.77740.2762201838042410726.6019
2024-09-30Fidelity Growth Company K61.39050.02921579035-27245-1.6962
2024-09-30Vanguard Institutional Extnd Mkt Idx Tr1.19880.00481361363234141.75
2024-09-30Fidelity Series Growth Company0.89240.0223101333300
2024-08-31Fidelity Small Cap Index0.72560.0133823997-18595-2.2069
2024-10-31State St Russell Sm/Mid Cp® Indx NL Cl C0.6650.0065755108-16400-2.1257
2024-08-31Alger Small Cap Growth B0.58541.021466471400
2024-06-07Nikko Gbl All Biological Genome Eq MF0.46471.03535277025277020
2024-10-31iShares Russell 2000 Growth ETF0.46370.01752659400
2024-09-30Fidelity Extended Market Index0.43430.0045493213-30850-5.8867
2024-10-31Schwab US Small-Cap ETF™0.3510.009139855600
2024-09-30Wanger Acorn0.33680.27563825048040426.615
Total 44.56711.023350608882+2275304+4.5%

5.3. Insider Transactions

Insiders are holding 20.318% of the shares of Absci Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-06-13Zachariah JonassonSELL198594.98
2024-05-22Phoenix Venture Partners Ii LpSELL31000004.4
2024-03-01Redmile Group, LlcBUY2222224.5
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets255,529
Total Liabilities34,041
Total Stockholder Equity221,488
 As reported
Total Liabilities 34,041
Total Stockholder Equity+ 221,488
Total Assets = 255,529

Assets

Total Assets255,529
Total Current Assets165,186
Long-term Assets90,343
Total Current Assets
Cash And Cash Equivalents 59,444
Short-term Investments 102,310
Net Receivables 44
Other Current Assets 3,388
Total Current Assets  (as reported)165,186
Total Current Assets  (calculated)165,186
+/-0
Long-term Assets
Property Plant Equipment 41,021
Intangible Assets 46,568
Long-term Assets Other 1,613
Long-term Assets  (as reported)90,343
Long-term Assets  (calculated)89,202
+/- 1,141

Liabilities & Shareholders' Equity

Total Current Liabilities25,467
Long-term Liabilities8,574
Total Stockholder Equity221,488
Total Current Liabilities
Short-term Debt 4,948
Short Long Term Debt 3,124
Accounts payable 1,694
Other Current Liabilities 16,853
Total Current Liabilities  (as reported)25,467
Total Current Liabilities  (calculated)26,619
+/- 1,152
Long-term Liabilities
Capital Lease Obligations 7,087
Long-term Liabilities Other 15
Long-term Liabilities  (as reported)8,574
Long-term Liabilities  (calculated)7,102
+/- 1,472
Total Stockholder Equity
Common Stock11
Retained Earnings -453,220
Accumulated Other Comprehensive Income -114
Other Stockholders Equity 674,811
Total Stockholder Equity (as reported)221,488
Total Stockholder Equity (calculated)221,488
+/-0
Other
Capital Stock11
Cash and Short Term Investments 161,754
Common Stock Shares Outstanding 112,934
Current Deferred Revenue1,972
Liabilities and Stockholders Equity 255,529
Net Debt -46,112
Net Invested Capital 227,733
Net Working Capital 139,719
Property Plant and Equipment Gross 41,021
Short Long Term Debt Total 13,332



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-31
> Total Assets 
0
0
0
88,569
222,833
257,070
449,119
426,195
395,460
366,315
339,387
321,008
295,808
254,153
236,344
234,480
274,898
255,529
255,529274,898234,480236,344254,153295,808321,008339,387366,315395,460426,195449,119257,070222,83388,569000
   > Total Current Assets 
0
0
0
73,234
185,344
112,391
300,665
273,079
255,961
227,888
201,381
186,863
165,317
148,037
134,713
120,578
181,798
165,186
165,186181,798120,578134,713148,037165,317186,863201,381227,888255,961273,079300,665112,391185,34473,234000
       Cash And Cash Equivalents 
0
0
0
69,867
180,756
99,450
279,262
252,569
226,004
206,021
107,324
59,955
11,409
61,048
69,733
88,555
75,181
59,444
59,44475,18188,55569,73361,04811,40959,955107,324206,021226,004252,569279,26299,450180,75669,867000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
73,988
104,476
132,849
63,539
43,746
25,297
102,712
102,310
102,310102,71225,29743,74663,539132,849104,47673,9880000000000
       Net Receivables 
0
0
0
1,594
1,040
545
714
1,425
350
310
210
1,550
1,326
3,157
800
2,189
42
44
44422,1898003,1571,3261,5502103103501,4257145451,0401,594000
       Other Current Assets 
0
0
0
1,773
3,548
1,895
10,177
8,572
6,593
6,540
4,839
5,859
4,706
5,227
4,399
4,537
3,863
3,388
3,3883,8634,5374,3995,2274,7065,8594,8396,5406,5938,57210,1771,8953,5481,773000
   > Long-term Assets 
0
0
0
15,335
37,489
144,679
148,454
153,116
139,499
138,427
138,006
134,145
130,491
106,116
101,631
113,902
93,100
90,343
90,34393,100113,902101,631106,116130,491134,145138,006138,427139,499153,116148,454144,67937,48915,335000
       Property Plant Equipment 
0
0
0
13,385
29,233
45,440
51,468
58,652
60,877
60,598
61,063
58,042
55,272
52,736
49,901
45,818
43,030
41,021
41,02143,03045,81849,90152,73655,27258,04261,06360,59860,87758,65251,46845,44029,23313,385000
       Goodwill 
0
0
0
0
1,055
22,893
23,013
21,335
21,335
21,335
21,335
21,335
21,335
0
0
0
0
0
0000021,33521,33521,33521,33521,33521,33523,01322,8931,0550000
       Intangible Assets 
0
0
0
0
2,410
56,677
55,835
54,992
54,150
53,308
52,465
51,622
50,780
49,938
49,095
48,253
47,411
46,568
46,56847,41148,25349,09549,93850,78051,62252,46553,30854,15054,99255,83556,6772,4100000
       Other Assets 
0
0
0
0
4,791
19,669
18,138
18,137
3,137
3,186
3,143
3,146
3,104
0
0
0
0
0
000003,1043,1463,1433,1863,13718,13718,13819,6694,7910000
> Total Liabilities 
0
0
0
177,997
321,336
219,955
61,106
60,088
54,964
50,122
46,445
46,594
41,843
38,754
39,928
58,304
34,791
34,041
34,04134,79158,30439,92838,75441,84346,59446,44550,12254,96460,08861,106219,955321,336177,997000
   > Total Current Liabilities 
0
0
0
10,095
17,391
29,759
30,248
33,859
41,882
31,692
30,028
30,270
27,201
25,484
27,973
29,558
25,288
25,467
25,46725,28829,55827,97325,48427,20130,27030,02831,69241,88233,85930,24829,75917,39110,095000
       Short-term Debt 
0
0
0
3,780
4,107
4,980
6,633
6,687
6,711
6,370
6,510
6,932
6,820
6,420
6,042
5,578
5,174
4,948
4,9485,1745,5786,0426,4206,8206,9326,5106,3706,7116,6876,6334,9804,1073,780000
       Short Long Term Debt 
0
0
0
1,535
917
1,577
2,400
2,400
2,400
2,135
2,354
2,946
3,078
3,145
3,213
3,258
3,301
3,124
3,1243,3013,2583,2133,1453,0782,9462,3542,1352,4002,4002,4001,5779171,535000
       Accounts payable 
0
0
0
2,116
8,449
9,004
6,372
8,385
6,739
5,470
1,858
2,412
1,933
1,851
1,909
1,503
1,653
1,694
1,6941,6531,5031,9091,8511,9332,4121,8585,4706,7398,3856,3729,0048,4492,116000
       Other Current Liabilities 
0
0
0
1,569
2,432
14,000
15,275
17,434
25,641
17,054
20,981
20,481
18,089
16,713
19,677
19,303
15,398
16,853
16,85315,39819,30319,67716,71318,08920,48120,98117,05425,64117,43415,27514,0002,4321,569000
   > Long-term Liabilities 
0
0
0
167,902
303,945
190,196
30,858
26,229
13,082
18,430
16,417
16,324
14,642
13,270
11,955
28,746
9,503
8,574
8,5749,50328,74611,95513,27014,64216,32416,41718,43013,08226,22930,858190,196303,945167,902000
       Long term Debt Total 
0
0
0
0
0
153,459
1,712
1,124
531
7,125
6,517
0
7,190
6,378
0
0
0
0
00006,3787,19006,5177,1255311,1241,712153,45900000
       Warrants
0
0
0
0
0
161,377
0
0
0
0
0
0
0
0
0
0
0
0
000000000000161,37700000
       Other Liabilities 
0
0
0
0
1,701
24,556
15,776
12,905
1,581
1,312
789
273
224
0
0
0
0
0
000002242737891,3121,58112,90515,77624,5561,7010000
       Deferred Long Term Liability 
0
0
0
0
0
5,228
3,525
743
1,359
1,085
756
0
224
223
0
0
0
0
000022322407561,0851,3597433,5255,22800000
> Total Stockholder Equity
0
0
0
-89,428
-98,503
37,115
388,013
366,107
340,496
316,193
292,942
274,414
253,965
215,399
196,416
176,176
240,107
221,488
221,488240,107176,176196,416215,399253,965274,414292,942316,193340,496366,107388,01337,115-98,503-89,428000
   Common Stock
0
0
0
2
2
2
9
9
9
9
9
9
9
9
9
9
11
11
11119999999999222000
   Retained Earnings Total Equity0000-360,956-319,2840-276,458-249,199-220,519-191,025-165,859-142,22500000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
-11
-15
-13
-23
-61
26
-120
-95
-146
-59
-37
-132
-114
-114-132-37-59-146-95-12026-61-23-13-15-1100000
   Capital Surplus 
0
0
0
0
0
17,972
553,878
557,136
561,029
565,444
569,365
0
573,335
576,492
0
0
0
0
0000576,492573,3350569,365565,444561,029557,136553,87817,97200000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
635
2,522
17,972
104,759
557,136
561,029
565,444
569,365
570,454
573,335
576,492
579,416
582,699
668,698
674,811
674,811668,698582,699579,416576,492573,335570,454569,365565,444561,029557,136104,75917,9722,522635000



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue5,718
Cost of Revenue-13,999
Gross Profit-8,281-8,281
 
Operating Income (+$)
Gross Profit-8,281
Operating Expense-85,399
Operating Income-93,680-93,680
 
Operating Expense (+$)
Research Development47,567
Selling General Administrative36,257
Selling And Marketing Expenses0
Operating Expense85,39983,824
 
Net Interest Income (+$)
Interest Income0
Interest Expense-1,010
Other Finance Cost-83
Net Interest Income-1,093
 
Pretax Income (+$)
Operating Income-93,680
Net Interest Income-1,093
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-110,466-76,894
EBIT - interestExpense = -94,690
-110,466
-109,556
Interest Expense1,010
Earnings Before Interest and Taxes (EBIT)-93,680-109,456
Earnings Before Interest and Taxes (EBITDA)-79,681
 
After tax Income (+$)
Income Before Tax-110,466
Tax Provision--448
Net Income From Continuing Ops-106,492-110,018
Net Income-110,566
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses99,398
Total Other Income/Expenses Net-16,7861,093
 

Technical Analysis of Absci
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Absci. The general trend of Absci is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Absci's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Absci Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3.34 < 3.36 < 3.53.

The bearish price targets are: 2.45 > 2.45 > 1.99.

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Absci Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Absci Corp. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Absci Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Absci Corp. The current macd is -0.27941694.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Absci price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Absci. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Absci price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Absci Corp Daily Moving Average Convergence/Divergence (MACD) ChartAbsci Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Absci Corp. The current adx is 22.08.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Absci shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Absci Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Absci Corp. The current sar is 2.45.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Absci Corp Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Absci Corp. The current rsi is 44.12. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Absci Corp Daily Relative Strength Index (RSI) ChartAbsci Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Absci Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Absci price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Absci Corp Daily Stochastic Oscillator ChartAbsci Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Absci Corp. The current cci is -18.48184697.

Absci Corp Daily Commodity Channel Index (CCI) ChartAbsci Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Absci Corp. The current cmo is -1.91807875.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Absci Corp Daily Chande Momentum Oscillator (CMO) ChartAbsci Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Absci Corp. The current willr is -61.15757576.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Absci is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Absci Corp Daily Williams %R ChartAbsci Corp Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Absci Corp.

Absci Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Absci Corp. The current atr is 0.24830959.

Absci Corp Daily Average True Range (ATR) ChartAbsci Corp Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Absci Corp. The current obv is 10,518,420.

Absci Corp Daily On-Balance Volume (OBV) ChartAbsci Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Absci Corp. The current mfi is 20.94.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Absci Corp Daily Money Flow Index (MFI) ChartAbsci Corp Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Absci Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-08-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-09-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-10-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-10-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-10-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-11-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Absci Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Absci Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.117
Ma 20Greater thanMa 503.257
Ma 50Greater thanMa 1003.697
Ma 100Greater thanMa 2003.887
OpenGreater thanClose3.090
Total0/5 (0.0%)
Penke
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