ASCENCIO (ASC.BR) Stock Technical Analysis
EBR:ASC - Euronext Brussels - BE0003856730 - REIT - Currency: EUR
We assign a technical rating of 1 out of 10 to ASC. ASC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ASC has a been trading in the 50.60 - 55.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ASC has an average volume of 3738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ASC outperforms 68% of them, which is more or less in line with the market.
ASC is part of the Diversified REITs industry. There are 41 other stocks in this industry, ASC did better than 60% of them.
ASC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASC is lagging the market slightly.
The technical rating of ASC 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
44.79
56.26
We found 2 important support areas.
- Support @50.50 from a horizontal line in the daily time frame.
- A support zone ranging from 45.24 to 46.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @51.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 52.50 to 53.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.60 to 55.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ASC.BR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASC.BR is down. |
| ChartMill Relative Strength | 68.19 | NEUTRAL | ASC.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASC.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASC.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASC.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.48 | OVERSOLD | The low RSI value suggests ASC.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests ASC.BR has a negative trend. |
| Stochastics (14,3) | 2.92 | OVERSOLD | The low Stochastics value suggests ASC.BR may be oversold. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for ASC.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 37.44 | POSITIVE | The high ADX value value for ASC.BR 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)
EBR:ASC (2/10/2023, 7:00:00 PM)
50.9
-0.3 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.59%
1 Week-7.45%
2 Weeks-6.43%
1 Month-8.45%
3 Month0.79%
6 Month-3.23%
12 Month4.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%1.65%
ATR Inc-24.03%
Range Today0.8
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.19
Mansfield-0.29
10 Day High55.3
10 Day Low50.6
20 Day High55.5
20 Day Low50.6
52 Week High55.6
52 Week Low44.65
CS1 End50.5
CR1 Start51
Volume & EV
DER(3)0.31%
DER(5)0.32%
Volume5.64K
Volume Incr-5.97%
Vol(5)4.34K
Vol(50)3.74K