
Europe - Euronext Amsterdam - AMS:ASAND -
We assign a technical rating of 6 out of 10 to ASAND. ASAND has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ASAND has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.64
We found 1 important support area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ASAND.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASAND.AS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASAND.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASAND.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASAND.AS is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for ASAND.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ASAND.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.96 | NEUTRAL | The Stochastics value for ASAND.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.38 | HIGH VOLATILITY | The high ATR as a percentage value for ASAND.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for ASAND.AS suggests a strong trend. |
ChartMill assigns a technical rating of 6 / 10 to ASAND.AS.
The current trend direction for (ASAND.AS) is Bullish.
(ASAND.AS) has an RSI value of 60.4524. This indicates that the stock is currently neutral.
The short term momentum for (ASAND.AS) is positive.
(ASAND.AS) has a support level at 3.68. Check the full technical report for our detailed analysis of ASAND.AS support and resistance levels.