Overall ASMB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASMB is showing a nice and steady performance.
Besides having an excellent technical rating, ASMB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
27.21
We found 2 important support areas.
- Support @33.88 from a horizontal line in the daily time frame.
- Support @27.48 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.23 to 36.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.51 to 38.51. 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 ASMB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASMB is up. |
| ChartMill Relative Strength | 96.98 | POSITIVE | ASMB has a high relative strength, it outperformed 96.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASMB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.84 | NEUTRAL | The RSI value for ASMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests ASMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.8 | NEUTRAL | The Stochastics value for ASMB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for ASMB suggests high volalility. |
| Average Directional Index/ADX (14) | 35.45 | POSITIVE | The high ADX value value for ASMB suggests a strong trend. |
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 |
|---|---|---|---|
| 36.28 | 33.87 | 2.41 (6.64%) | 15.05% |
| An entry @36.28. This is a Buy Stop order right above the resistance zone. | An exit @33.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.41 points, which is 6.64%. | For a 1.00% total portfolio risk, you can invest 15.05% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ASMB. Please evaluate whether better entry and exit points can be found.
- 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.
36.1
+0.22 (+0.61%)
ASSEMBLY BIOSCIENCES INC / ASMB FAQ
What is the ChartMill technical rating of ASSEMBLY BIOSCIENCES INC (ASMB) stock?
ChartMill assigns a technical rating of 10 / 10 to ASMB.
What is the current trend direction of ASSEMBLY BIOSCIENCES INC (ASMB) stock?
The current trend direction for ASSEMBLY BIOSCIENCES INC (ASMB) is Bullish.
What is the RSI signal for ASSEMBLY BIOSCIENCES INC (ASMB) stock?
ASSEMBLY BIOSCIENCES INC (ASMB) has an RSI value of 57.842. This indicates that the stock is currently neutral.
What is the MACD signal for ASMB stock?
The MACD indicator for ASSEMBLY BIOSCIENCES INC (ASMB) has a value of -0.317872, indicating a bearish trend.
What is the short term momentum for ASMB stock?
The short term momentum for ASSEMBLY BIOSCIENCES INC (ASMB) is positive.