We assign a technical rating of 1 out of 10 to ASBP. ASBP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ASBP is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
0.10
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 | DOWN | NEGATIVE | The long term trend for ASBP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASBP is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASBP 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 ASBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.45 | NEUTRAL | The RSI value for ASBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASBP has a positive trend. |
| Stochastics (14,3) | 84.84 | OVERBOUGHT | The high Stochastics value suggests ASBP may be overbought. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for ASBP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for ASBP suggests a weak or negative trend. |
0.142
+0.03 (+31.48%)
ChartMill assigns a technical rating of 1 / 10 to ASBP.
The current trend direction for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) is Bearish.
ASPIRE BIOPHARMA HOLDINGS IN (ASBP) has an RSI value of 58.4549. This indicates that the stock is currently neutral.
The MACD indicator for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) has a value of 0.00994121, indicating a bearish trend.