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ABSI forms New Downtrend on July 16

Absci Corporation (ABSI) — Daily Technical Analysis & Swing Trading Signals · Jul 16, 2026, 17:44 ET
ABSI finished lower by 15.68% on Thursday, July 16th, trading 1.2 times its typical volume. Multiple bearish signals emerged — New Downtrend and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 7.63, 7.04 & 5.97, with resistance at 9.29, 10.36 & 10.95.

Current SwingTradeBot Technical Rating of ABSI: A

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Absci Corporation (ABSI)