ASPIRE BIOPHARMA HOLDINGS IN (ASBP) Technical Analysis
NASDAQ:ASBP • US7389202067
Current stock price
ASBP Technical Rating and Analysis
We assign a technical rating of 0 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ASBP is a bad performer in the overall market: 100% of all stocks are doing better.
- ASBP is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 87% are performing better than ASBP.
- ASBP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ASBP is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month ASBP has a been trading in the 0.55 - 1.29 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASBP Weekly and Daily overview Charts
ASBP Setup Rating and Analysis
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 very little resistance above the current price. We notice that large players showed an interest for ASBP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ASBP Support and Resistance Analysis
ASBP Technical Indicator Signal Analysis
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 | 0.85 | NEGATIVE | ASBP has a low relative strength, it was outperformed by 99.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASBP is above 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) | 52.42 | NEUTRAL | The RSI value for ASBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ASBP has a positive trend. |
| Stochastics (14,3) | 77.53 | NEUTRAL | The Stochastics value for ASBP is a neutral value. |
| Average True Range in percent/ATR (20) | 14.41 | HIGH VOLATILITY | The high ATR as a percentage value for ASBP suggests high volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for ASBP suggests a weak or negative trend. |
ASBP Chart- and CandleStick Pattern Analysis
ASBP Technicals: Chart, Performance Metrics, Trend & Indicators
1.19
+0.14 (+13.33%)
ASPIRE BIOPHARMA HOLDINGS IN / ASBP TA FAQ
What is the technical rating for ASBP stock?
ChartMill assigns a technical rating of 0 / 10 to ASBP.
Can you provide the trend direction for ASPIRE BIOPHARMA HOLDINGS IN?
The current trend direction for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) is Bearish.
What is the RSI signal for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) stock?
ASPIRE BIOPHARMA HOLDINGS IN (ASBP) has an RSI value of 52.4248. This indicates that the stock is currently neutral.
What is the MACD signal for ASBP stock?
The MACD indicator for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) has a value of 0.0651, indicating a bearish trend.
What is the short term momentum for ASBP stock?
The short term momentum for ASPIRE BIOPHARMA HOLDINGS IN (ASBP) is neutral.