ASCENDANT RESOURCES INC (ASND.CA) Technical Analysis
TSX:ASND • CA0435041094
Current stock price
ASND.CA Technical Rating and Analysis
Taking everything into account, ASND 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, ASND is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ASND is one of the better performing stocks in the Metals & Mining industry, it outperforms 78% of 803 stocks in the same industry.
- 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.
ASND.CA Weekly and Daily overview Charts
ASND.CA Setup Rating and Analysis
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
ASND.CA Support and Resistance Analysis
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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.
ASND.CA Technical Indicator Signal Analysis
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. |
ASND.CA Chart- and CandleStick Pattern Analysis
ASND.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ASND (5/21/2025, 7:00:00 PM)
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ASCENDANT RESOURCES INC / ASND.CA TA FAQ
Can you provide the ChartMill technical rating for ASCENDANT RESOURCES INC?
ChartMill assigns a technical rating of 9 / 10 to ASND.CA.
Can you provide the trend direction for ASCENDANT RESOURCES INC?
The current trend direction for ASCENDANT RESOURCES INC (ASND.CA) is Bullish.
What is the RSI signal for ASCENDANT RESOURCES INC (ASND.CA) stock?
ASCENDANT RESOURCES INC (ASND.CA) has an RSI value of 49.6157. This indicates that the stock is currently neutral.
What is the MACD signal for ASND stock?
The MACD indicator for ASCENDANT RESOURCES INC (ASND.CA) has a value of -0.00189251, indicating a bearish trend.
What is the buy/sell signal for ASND stock?
The buy/sell signal for ASCENDANT RESOURCES INC (ASND.CA) is buy as both the short term and long term trends are positive.