We assign a technical rating of 7 out of 10 to ASND. In the last year, ASND was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, ASND did better than 86% of all other stocks. We also observe that the gains produced by ASND over the past year are nicely spread over this period.
- ASND is part of the Biotechnology industry. There are 525 other stocks in this industry. ASND outperforms 70% 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month ASND has a been trading in the 188.08 - 221.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ASND also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 205.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
119.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 203.89 to 205.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.59 from a horizontal line in the daily time frame.
- A support zone ranging from 189.73 to 194.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 206.22 to 210.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 217.13 to 220.43. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ASND is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASND is neutral. |
| ChartMill Relative Strength | 86.83 | POSITIVE | ASND has a high relative strength, it outperformed 86.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASND is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASND is below a declining 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) | 46.43 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ASND has a negative trend. |
| Stochastics (14,3) | 73.21 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 10.89 | NEGATIVE | The low ADX value for ASND suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 210.96 | 203.88 | 7.08 (3.36%) | 25.00% |
| An entry @210.96. This is a Buy Stop order right above the resistance zone. | An exit @203.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.08 points, which is 3.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASND. Please evaluate whether better entry and exit points can be found.
- 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.
205.83
-9.21 (-4.28%)
ASCENDIS PHARMA A/S - ADR / ASND FAQ
Can you provide the ChartMill technical rating for ASCENDIS PHARMA A/S - ADR?
ChartMill assigns a technical rating of 7 / 10 to ASND.
What is the trend direction for ASND stock?
The current trend direction for ASCENDIS PHARMA A/S - ADR (ASND) is Bearish.
What is the RSI signal for ASND stock?
ASCENDIS PHARMA A/S - ADR (ASND) has an RSI value of 46.4303. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ASCENDIS PHARMA A/S - ADR?
The short term momentum for ASCENDIS PHARMA A/S - ADR (ASND) is neutral.
Can you provide the support and resistance levels for ASCENDIS PHARMA A/S - ADR?
ASCENDIS PHARMA A/S - ADR (ASND) has a support level at 205.68 and a resistance level at 206.22. Check the full technical report for our detailed analysis of ASND support and resistance levels.