ASCENDIS PHARMA A/S - ADR (ASND) Stock Technical Analysis
USA - NASDAQ:ASND - US04351P1012 - ADR
207.12 USD
-1.59 (-0.76%)
208.8 USD
+1.68 (+0.81%)
We assign a technical rating of 10 out of 10 to ASND. Both in the recent history as in the last year, ASND has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ASND did better than 89% of all other stocks. On top of that, ASND also shows a nice and consistent pattern of rising prices.
ASND is part of the Biotechnology industry. There are 536 other stocks in this industry. ASND outperforms 74% of them.
ASND is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ASND is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, ASND also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 202.07, a Stop Loss order could be placed below this zone.
More info and screens
119.91
211.66
We found 4 important support areas.
- A support zone ranging from 195.12 to 202.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 189.73 to 191.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @184.10 from a trend line in the daily time frame.
- Support @121.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 208.44 to 209.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASND is up. |
| ChartMill Relative Strength | 89.56 | POSITIVE | ASND has a high relative strength, it outperformed 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.11 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests ASND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.86 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for ASND 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 209.57 | 199.98 | 9.59 (4.58%) | 21.85% |
| An entry @209.57. This is a Buy Stop order right above the resistance zone. | An exit @199.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.59 points, which is 4.58%. | When investing 21.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
207.12
-1.59 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.76%
1 Week-1.43%
2 Weeks1.47%
1 Month3.77%
3 Month21.91%
6 Month25.49%
12 Month59.45%
2 Year131.91%
3 Year80.1%
5 Year26.8%
10 Year1050.67%
15 YearN/A
Volatility
ATR(14)6.29
ATR(20)%3.05%
ATR Inc-7.85%
Range Today6.46
ADR(20)6.19
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield1.72
10 Day High216.45
10 Day Low199.99
20 Day High216.45
20 Day Low187.25
52 Week High216.45
52 Week Low118.03
CS1 End202.07
CR1 Start208.44
Volume & EV
DER(3)0.7%
DER(5)1.65%
Volume416.80K
Volume Incr8.52%
Vol(5)450.30K
Vol(50)471.99K