ASSEMBLY BIOSCIENCES INC (ASMB) Stock Technical Analysis
USA - NASDAQ:ASMB - US0453962070 - Common Stock
We assign a technical rating of 10 out of 10 to ASMB. 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.
Although ASMB 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.
More info and screens
25.32
When analyzing the support we can see 2 important areas.
- Support @32.86 from a trend line in the daily time frame.
- Support @25.58 from a trend line in the daily 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 | 96.7 | POSITIVE | ASMB has a high relative strength, it outperformed 96.7% 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) | UP | POSITIVE | The current price of ASMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.05 | OVERBOUGHT | The high RSI value suggests ASMB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ASMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.09 | OVERBOUGHT | The high Stochastics value suggests ASMB may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for ASMB suggests high volalility. |
| Average Directional Index/ADX (14) | 48.86 | POSITIVE | The high ADX value value for ASMB suggests a strong trend. |
35.89
-0.44 (-1.21%)
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 71.0493. This indicates that the stock is currently overbought.
What is the MACD signal for ASMB stock?
The MACD indicator for ASSEMBLY BIOSCIENCES INC (ASMB) has a value of 0.335748, indicating a bearish trend.
What is the short term momentum for ASMB stock?
The short term momentum for ASSEMBLY BIOSCIENCES INC (ASMB) is positive.