ASPIRE BIOPHARMA HOLDINGS IN (ASBP) Stock Technical Analysis
USA - NASDAQ:ASBP - US7389201077 - Common Stock
0.4122 USD
-0.03 (-6.38%)
0.4284 USD
+0.02 (+3.93%)
Taking everything into account, ASBP scores 3 out of 10 in our technical rating. ASBP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than ASBP.
ASBP is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 197 stocks in the same industry do better.
In the last month ASBP has a been trading in the 0.37 - 0.59 range, which is quite wide. It is currently trading near the lows of this range.
ASBP has an average volume of 11906900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
The technical rating of ASBP is bad and it also does not present a 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.
More info and screens
0.40
0.60
When analyzing the support we can see 2 important areas.
- Support @0.41 from a trend line in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.45 from a horizontal line in the daily time frame.
- Resistance @0.56 from a trend line in the daily time frame.
- Resistance @0.59 from a horizontal line in the daily time frame.
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 ASBP is up. |
| 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) | UP | MIXED | The current price of ASBP is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 42.84 | NEUTRAL | The RSI value for ASBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASBP has a negative trend. |
| Stochastics (14,3) | 28.71 | NEUTRAL | The Stochastics value for ASBP is a neutral value. |
| Average True Range in percent/ATR (20) | 12.24 | HIGH VOLATILITY | The high ATR as a percentage value for ASBP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for ASBP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.4122
-0.03 (-6.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-6.38%
1 Week-3.03%
2 Weeks-19.48%
1 Month-23.27%
3 Month42.14%
6 Month-34.61%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%12.24%
ATR Inc-45.28%
Range Today0.03
ADR(20)0.05
ADR(20)%11.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.55
10 Day Low0.37
20 Day High0.6
20 Day Low0.37
52 Week HighN/A
52 Week LowN/A
CS1 End0.41
CR1 Start0.45
Volume & EV
DER(3)-16.11%
DER(5)-0.85%
Volume550.40K
Volume Incr-97.05%
Vol(5)839.48K
Vol(50)11.91M