ASCENDANT RESOURCES INC (ASND.CA) Stock Technical Analysis
TSX:ASND - Toronto Stock Exchange - CA0435041094 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to ASND. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASND is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ASND is part of the Metals & Mining industry. There are 805 other stocks in this industry. ASND outperforms 78% of them.
ASND 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 ASND is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ASND is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ASND has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although ASND has an excellent technical rating, it does not present a decent entry opportunity 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
0.05
0.08
We found 3 important support areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.06 from a trend line in the daily time frame.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 ASND.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASND.CA is up. |
| ChartMill Relative Strength | 90.57 | POSITIVE | ASND.CA has a high relative strength, it outperformed 90.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASND.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASND.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASND.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for ASND.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ASND.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for ASND.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for ASND.CA suggests a weak or negative 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)
TSX:ASND (5/21/2025, 7:00:00 PM)
0.075
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-11.76%
2 Weeks-6.25%
1 Month7.14%
3 Month66.67%
6 Month36.36%
12 Month25%
2 Year-62.5%
3 Year-67.39%
5 Year-37.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%5.33%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.57
Mansfield3.77
10 Day High0.09
10 Day Low0.08
20 Day High0.09
20 Day Low0.07
52 Week High0.09
52 Week Low0.03
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)849.82%
DER(5)973.91%
Volume57.00K
Volume Incr-86.99%
Vol(5)52.46K
Vol(50)191.33K