TSX:ASM - Toronto Stock Exchange - CA0539061030 - Common Stock - Currency: CAD
Taking everything into account, ASM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASM is showing a nice and steady performance.
Although ASM has an excellent technical rating, it does not offer a high quality setup 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.
2.52
When analyzing the support we can see 2 important areas.
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 ASM.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASM.CA is up. |
ChartMill Relative Strength | 98.49 | POSITIVE | ASM.CA has a high relative strength, it outperformed 98.49% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASM.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASM.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASM.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 74.13 | OVERBOUGHT | The high RSI value suggests ASM.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ASM.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 91.08 | OVERBOUGHT | The high Stochastics value suggests ASM.CA may be overbought. |
Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for ASM.CA suggests high volalility. |
Average Directional Index/ADX (14) | 43.95 | POSITIVE | The high ADX value value for ASM.CA suggests a strong trend. |
TSX:ASM (5/29/2025, 7:00:00 PM)
4.35
+0.01 (+0.23%)