ASCENDANT RESOURCES INC (ASND.CA) Stock Technical Analysis
Canada - TSX:ASND - CA0435041094 - Common Stock
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.
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
3 important support areas can be observed.
- 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.
We found 1 important resistance 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. |
TSX:ASND (5/21/2025, 7:00:00 PM)
0.075
0 (0%)
ASCENDANT RESOURCES INC / ASND.CA FAQ
Can you provide the ChartMill technical rating for ASCENDANT RESOURCES INC?
ChartMill assigns a technical rating of 9 / 10 to ASND.CA.
What is the current trend direction of ASCENDANT RESOURCES INC (ASND.CA) stock?
The current trend direction for ASCENDANT RESOURCES INC (ASND.CA) is Bullish.
What is the RSI signal for ASND stock?
ASCENDANT RESOURCES INC (ASND.CA) has an RSI value of 49.6157. This indicates that the stock is currently neutral.
What is the short term momentum for ASCENDANT RESOURCES INC (ASND.CA) stock?
The short term momentum for ASCENDANT RESOURCES INC (ASND.CA) is positive.
What are the support and resistance levels for ASCENDANT RESOURCES INC (ASND.CA) stock?
ASCENDANT RESOURCES INC (ASND.CA) has a support level at 0.07 and a resistance level at 0.08. Check the full technical report for our detailed analysis of ASND.CA support and resistance levels.