ASCOPIAVE SPA (ASC.MI) Stock Technical Analysis
BIT:ASC - Euronext Milan - IT0004093263 - Common Stock - Currency: EUR
Overall ASC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ASC has proven to be a steady performer, scoring decent points in every aspect analyzed.
ASC is part of the Gas Utilities industry. There are 4 other stocks in this industry, of which 66% are performing better than ASC.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ASC is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by ASC over the past year are nicely spread over this period.
ASC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASC is performing more or less in line with the market.
In the last month ASC has a been trading in the 2.90 - 3.19 range, which is quite wide. It is currently trading near the high of this range.
ASC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.46
3.34
6 important support areas can be observed.
- A support zone ranging from 3.06 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.99 from a trend line in the daily time frame.
- A support zone ranging from 2.92 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 2.64 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.48 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | 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 | 85.87 | POSITIVE | ASC.MI has a high relative strength, it outperformed 85.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASC.MI is above a declining 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) | 51.75 | NEUTRAL | The RSI value for ASC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.05 | NEUTRAL | The Stochastics value for ASC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ASC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.37 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.20 | 3.05 | 0.14 (4.54%) | 22.03% |
| An entry @3.19. This is a Buy Stop order right above the 10 day high. | An exit @3.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 4.54%. | When investing 22.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:ASC (5/30/2025, 5:06:24 PM)
3.105
+0.01 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.32%
1 Week-0.64%
2 Weeks0.55%
1 Month-5.62%
3 Month5.97%
6 Month11.29%
12 Month38.93%
2 Year28.31%
3 Year-7.31%
5 Year-23.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.58%
ATR Inc-21.03%
Range Today0.05
ADR(20)0.07
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.87
Mansfield0.82
10 Day High3.19
10 Day Low3.04
20 Day High3.19
20 Day Low2.91
52 Week High3.34
52 Week Low2.19
CS1 End3.08
CR1 Start3.29
Volume & EV
DER(3)-0.53%
DER(5)-0.34%
Volume1.59K
Volume Incr-32.84%
Vol(5)71.69K
Vol(50)92.84K