ASCENCIO (ASC.BR) Technical Analysis

Name: ASCENCIO (ASC.BR) Technical Analysis Rating
Brand: ASCENCIO

EBR:ASC • BE0003856730

50.9 EUR

-0.3 (-0.59%)

Last: Feb 10, 2023, 07:00 PM

ASC.BR Technical Rating and Analysis

Overall ASC gets a technical rating of 1 out of 10. 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.
ASC is one of the better performing stocks in the Diversified REITs industry, it outperforms 85% of 41 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, ASC turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
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.

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ASC.BR Weekly and Daily overview Charts

ASC.BR Setup Rating and Analysis

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.

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ASC.BR Support and Resistance Analysis

44.79

56.26

2 important support areas can be observed.

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.

When analyzing the resistance we notice 3 important areas.

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.

More info and screens

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ASC.BR 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	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.

ASC.BR Chart- and CandleStick Pattern Analysis

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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

ASC.BR Technicals: Chart, Performance Metrics, Trend & Indicators

ASCENCIO

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

3 months CRSN/A

6 months CRSN/A

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

ASCENCIO / ASC.BR TA FAQ

What is the ChartMill technical rating of ASCENCIO (ASC.BR) stock?

ChartMill assigns a technical rating of 1 / 10 to ASC.BR.

Can you provide the trend direction for ASCENCIO?

The current trend direction for ASCENCIO (ASC.BR) is Bearish.

Can you provide the RSI signal for ASCENCIO?

ASCENCIO (ASC.BR) has an RSI value of 26.4829. This indicates that the stock is currently oversold.

Can you provide the short term momentum for ASCENCIO?

The short term momentum for ASCENCIO (ASC.BR) is negative.