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. Both in the recent history as in the last year, ASMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ASMB has an average volume of 22298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ASMB is part of the Biotechnology industry. There are 558 other stocks in this industry. ASMB outperforms 88% of them.
ASMB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASMB is performing more or less in line with the market.
In the last month ASMB has a been trading in the 13.13 - 17.82 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ASMB did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although ASMB has an excellent technical rating, the quality of the presented setup is not ideal 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
8.44
17.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.85 to 16.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @17.71 from a horizontal 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 | 91.62 | POSITIVE | ASMB has a high relative strength, it outperformed 91.62% 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) | 71.41 | OVERBOUGHT | The high RSI value suggests ASMB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.9 | OVERBOUGHT | The high Stochastics value suggests ASMB may be overbought. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ASMB suggests some volalility. |
| Average Directional Index/ADX (14) | 42.19 | 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)
17.39
+0.25 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.46%
1 Week1.7%
2 Weeks9.99%
1 Month27.96%
3 Month57.95%
6 Month14.33%
12 Month11.19%
2 Year26.01%
3 Year-30.99%
5 Year-93.79%
10 Year-92.48%
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%4.84%
ATR Inc-15.06%
Range Today1.01
ADR(20)0.82
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.62
Mansfield1.6
10 Day High17.83
10 Day Low15.54
20 Day High17.83
20 Day Low13.13
52 Week High19.93
52 Week Low7.75
CS1 End16.94
CR1 Start17.71
Volume & EV
DER(3)-11.13%
DER(5)-9.35%
Volume75.80K
Volume Incr138.62%
Vol(5)42.76K
Vol(50)22.30K