Overall ASBP gets a technical rating of 0 out of 10. ASBP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ASBP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.11. Right above this resistance zone may be a good entry point.
0.10
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 | DOWN | NEGATIVE | The short term trend for ASBP is down. |
| 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) | DOWN | NEGATIVE | The current price of ASBP is below a declining 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) | 37.32 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 62.99 | NEUTRAL | The Stochastics value for ASBP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.28 | HIGH VOLATILITY | The high ATR as a percentage value for ASBP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for ASBP suggests a weak or negative trend. |
0.097
0 (-0.61%)
ChartMill assigns a technical rating of 0 / 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 37.3237. This indicates that the stock is currently neutral.
The MACD indicator for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) has a value of 0.00859837, indicating a bearish trend.
The buy/sell signal for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) is sell as both the short term and long term trends are negative.