ASSEMBLY BIOSCIENCES INC (ASMB) Stock Technical Analysis
NASDAQ:ASMB - Nasdaq - US0453962070 - Common Stock - Currency: USD
Taking everything into account, ASMB scores 9 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, ASMB is showing a nice and steady performance.
Warning: ASMB has an average volume of 29316 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ASMB is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 558 stocks in the same industry.
ASMB 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 ASMB is lagging the market slightly.
In the last month ASMB has a been trading in the 15.84 - 19.11 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ASMB did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ASMB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ASMB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.44
19.03
2 important support areas can be observed.
- A support zone ranging from 17.08 to 17.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.53 from a horizontal line in the weekly time frame.
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 | 94.39 | POSITIVE | ASMB has a high relative strength, it outperformed 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASMB is above 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) | DOWN | MIXED | The current price of ASMB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.84 | NEUTRAL | The RSI value for ASMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ASMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.88 | OVERBOUGHT | The high Stochastics value suggests ASMB may be overbought. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ASMB suggests some volalility. |
| Average Directional Index/ADX (14) | 39.78 | POSITIVE | The high ADX value value for ASMB 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)
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 |
|---|---|---|---|
| 19.12 | 16.80 | 2.32 (12.13%) | 8.24% |
| An entry @19.12. This is a Buy Stop order right above the 10 day high. | An exit @16.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.32 points, which is 12.13%. | When investing 8.24% 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.
18.84
+0.09 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.48%
1 Week3.36%
2 Weeks9.78%
1 Month9.97%
3 Month106.5%
6 Month20.04%
12 Month26.69%
2 Year40.77%
3 Year-24.52%
5 Year-92.96%
10 Year-89.58%
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%4.65%
ATR Inc-8.82%
Range Today0.73
ADR(20)0.85
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.39
Mansfield1.82
10 Day High19.11
10 Day Low16.81
20 Day High19.11
20 Day Low15.84
52 Week High19.93
52 Week Low7.75
CS1 End17.31
CR1 StartN/A
Volume & EV
DER(3)16.83%
DER(5)6.42%
Volume15.44K
Volume Incr-19.94%
Vol(5)33.06K
Vol(50)29.32K