Should I hold onto to absi stock

**Absci's stock presents a complex investment scenario with both potential upside and notable risks**. Here's an analysis to help you decide whether to hold onto your ABSI stock:

1. **Upside Potential**:
- **Positive Outlook from Analysts**: Multiple analysts maintain a bullish stance, with Price Targets ranging from $7.00 to $8.00, indicating a potential upside from the current price.
- **Strategic Developments and Pipeline Progress**: Absci has made significant strides in its drug discovery platform and partnerships, which could translate into future revenue streams.
- **Recent Financing Success**: The company successfully raised substantial capital, extending its cash runway through 2028, which provides financial stability.
2. **Risks to Consider**:
- **Negative Earnings Outlook**: HC Wainwright has lowered its Q3 2025 EPS estimate, reflecting a negative outlook for the company's earnings.
- **Financial Challenges**: Absci reported a net loss and negative return on equity, and it's facing pressure to meet revenue expectations.
- **Market Volatility and Dilution Risks**: The biotech sector is inherently volatile, and Absci's reliance on partnerships means its revenue stream is subject to fluctuations.
3. **Technical Indicators**:
- **Resistance and Support Levels**: The current resistance level is $3.4, and the support level is $2.83. Trading near the support level might indicate a floor, but breaking below it could signal further declines.
- **MACD and RSI Indicators**: The MACD is slightly negative, and the RSI is below 25, suggesting the stock might be oversold. This could sometimes precede a price rebound, depending on market sentiment and fundamentals.
- **Moving Averages**: The stock's 5-day, 10-day, and 20-day moving averages are all around $2.89, indicating a short-term consolidation zone.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|ABSI|ABSI.O|Absci|20250819|2.5499|185|

|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|ABSI|ABSI.O|Absci|20250819|2.8300|3.4000|185|

|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|ABSI|ABSI.O|Absci|20250819|2.8890|185|

|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|ABSI|ABSI.O|Absci|20250819|2.9685|23.8890|-4.5800|-0.0742|185|

**In conclusion, while there's potential for growth driven by strategic initiatives and positive analyst sentiment, investors should also be mindful of the financial challenges, negative earnings projections, and market volatility. Absci's stock would be a better fit for investors who can tolerate high risk in pursuit of potentially high returns, and who conduct regular, informed monitoring of the company's performance and sector trends.** If you're risk-averse or looking for stability, you might consider trimming your position or holding a smaller amount as a speculative play.