ASCOPIAVE SPA (ASC.MI) Stock Technical Analysis
BIT:ASC - Euronext Milan - IT0004093263 - Common Stock - Currency: EUR
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 2.94 - 3.19 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ASC is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ASC is an average performer in the Gas Utilities industry, it outperforms 50% of 5 stocks in the same industry.
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.
ASC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.94, a Stop Loss order could be placed below this zone.
More info and screens
2.48
3.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.93 to 2.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.79 from a horizontal line in the daily time frame.
- A support zone ranging from 2.62 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.50 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @2.95 from a trend line in the daily time frame.
- A resistance zone ranging from 3.05 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.29 to 3.31. 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.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASC.MI is down. |
| ChartMill Relative Strength | 79.21 | POSITIVE | ASC.MI has a high relative strength, it outperformed 79.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASC.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASC.MI is below a declining 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) | 35.3 | NEUTRAL | The RSI value for ASC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ASC.MI has a negative trend. |
| Stochastics (14,3) | 5.72 | OVERSOLD | The low Stochastics value suggests ASC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ASC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 8.75 | NEGATIVE | The low ADX value for ASC.MI suggests a weak or negative 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)
BIT:ASC (6/20/2025, 7:00:00 PM)
2.945
-0.01 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.44%
1 Week-4.38%
2 Weeks-5.61%
1 Month-5.76%
3 Month-0.67%
6 Month8.87%
12 Month31.18%
2 Year25.05%
3 Year2.08%
5 Year-20.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.18%
ATR Inc-12.97%
Range Today0.06
ADR(20)0.06
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.21
Mansfield0.06
10 Day High3.2
10 Day Low2.94
20 Day High3.2
20 Day Low2.94
52 Week High3.34
52 Week Low2.23
CS1 End2.94
CR1 Start2.95
Volume & EV
DER(3)-0.76%
DER(5)-9.17%
Volume203.19K
Volume Incr16.85%
Vol(5)80.33K
Vol(50)90.79K