ASCOPIAVE SPA (ASC.MI) Stock Technical Analysis
BIT:ASC - Euronext Milan - IT0004093263 - Common Stock - Currency: EUR
Overall ASC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ASC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ASC is one of the better performing stocks in the Gas Utilities industry, it outperforms 75% of 5 stocks in the same industry.
ASC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASC is lagging the market slightly.
In the last month ASC has a been trading in the 2.96 - 3.20 range, which is quite wide. It is currently trading near the high of this range.
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 59% of all stocks.
Although ASC has an excellent technical rating, the quality of the presented setup is not ideal 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
2.76
3.34
We found 4 important support areas.
- A support zone ranging from 3.13 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.02 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.91 to 2.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.30 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 | UP | POSITIVE | The long term trend for ASC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASC.MI is up. |
| ChartMill Relative Strength | 59.8 | 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) | 66.64 | 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) | 85.54 | OVERBOUGHT | The high Stochastics value suggests ASC.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for ASC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 39.24 | POSITIVE | The high ADX value value for ASC.MI 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)
BIT:ASC (7/29/2025, 5:29:56 PM)
3.18
+0.04 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.27%
1 Week0.86%
2 Weeks3.75%
1 Month3.08%
3 Month-3.34%
6 Month14.18%
12 Month25.44%
2 Year39.17%
3 Year14.39%
5 Year-5.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.73%
ATR Inc35.87%
Range Today0.06
ADR(20)0.05
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.8
Mansfield0.05
10 Day High3.2
10 Day Low3.07
20 Day High3.2
20 Day Low2.96
52 Week High3.34
52 Week Low2.46
CS1 End3.16
CR1 Start3.3
Volume & EV
DER(3)-1.02%
DER(5)-0.92%
Volume40.01K
Volume Incr39.45%
Vol(5)65.26K
Vol(50)60.37K