ASLAN Pharmaceuticals Ltd (ASLN) Technical Analysis
NASDAQ:ASLN • US04522R2004
Current stock price
ASLN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ASLN. ASLN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ASLN.
- ASLN is one of the lesser performing stocks in the Biotechnology industry. 93% of 516 stocks in the same industry do better.
- ASLN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ASLN has a been trading in the 0.47 - 2.86 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ASLN Weekly and Daily overview Charts
ASLN Setup Rating and Analysis
The technical rating of ASLN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ASLN Support and Resistance Analysis
ASLN 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 | DOWN | NEGATIVE | The long term trend for ASLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASLN is down. |
| ChartMill Relative Strength | 0.2 | NEGATIVE | ASLN has a low relative strength, it was outperformed by 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.69 | OVERSOLD | The low RSI value suggests ASLN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ASLN has a negative trend. |
| Stochastics (14,3) | 6.74 | OVERSOLD | The low Stochastics value suggests ASLN may be oversold. |
| Average True Range in percent/ATR (20) | 56.99 | HIGH VOLATILITY | The high ATR as a percentage value for ASLN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for ASLN suggests a strong trend. |
ASLN Chart- and CandleStick Pattern Analysis
ASLN Technicals: Chart, Performance Metrics, Trend & Indicators
0.6
-0.1 (-14.27%)
ASLAN Pharmaceuticals Ltd / ASLN TA FAQ
What is the technical rating for ASLN stock?
ChartMill assigns a technical rating of 0 / 10 to ASLN.
What is the current trend direction of ASLAN Pharmaceuticals Ltd (ASLN) stock?
The current trend direction for ASLAN Pharmaceuticals Ltd (ASLN) is Bearish.
Can you provide the RSI signal for ASLAN Pharmaceuticals Ltd?
ASLAN Pharmaceuticals Ltd (ASLN) has an RSI value of 21.6944. This indicates that the stock is currently oversold.
What is the short term momentum for ASLN stock?
The short term momentum for ASLAN Pharmaceuticals Ltd (ASLN) is negative.
What is the buy/sell signal for ASLN stock?
The buy/sell signal for ASLAN Pharmaceuticals Ltd (ASLN) is sell as both the short term and long term trends are negative.