Europe - BIT:ASC - IT0004093263 - Common Stock
Taking everything into account, ASC scores 5 out of 10 in our technical rating. In the past year, ASC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, ASC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.08, a Stop Loss order could be placed below this zone.
2.91
We found 1 important support area.
2 important resistance areas can be observed.
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.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASC.MI is up. |
ChartMill Relative Strength | 47.6 | NEUTRAL | ASC.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASC.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASC.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASC.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.05 | NEUTRAL | The RSI value for ASC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASC.MI has a positive trend. |
Stochastics (14,3) | 86.84 | OVERBOUGHT | The high Stochastics value suggests ASC.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for ASC.MI suggests low volalility. |
Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for ASC.MI suggests a weak or negative trend. |
BIT:ASC (10/10/2025, 5:27:00 PM)
3.1
+0.02 (+0.81%)