ASCENDIS PHARMA A/S - ADR (ASND) Technical Analysis
NASDAQ:ASND • US04351P1012
Current stock price
ASND Technical Rating and Analysis
Overall ASND gets a technical rating of 10 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ASND did better than 85% of all other stocks. On top of that, ASND also shows a nice and consistent pattern of rising prices.
- ASND is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASND is performing more or less in line with the market.
- ASND is part of the Biotechnology industry. There are 519 other stocks in this industry, ASND did better than 66% of them.
- In the last month ASND has a been trading in the 213.02 - 248.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASND Weekly and Daily overview Charts
ASND Setup Rating and Analysis
ASND has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 224.33, a Stop Loss order could be placed below this zone.
More info and screens
ASND Support and Resistance Analysis
119.91
When analyzing the support we can see 5 important areas.
- A support zone ranging from 218.62 to 224.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @207.99 from a trend line in the weekly time frame.
- A support zone ranging from 199.98 to 200.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 194.62 to 196.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @121.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @226.87 from a trend line in the daily time frame.
- A resistance zone ranging from 240.66 to 242.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASND 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASND is neutral. |
| ChartMill Relative Strength | 85.82 | POSITIVE | ASND has a high relative strength, it outperformed 85.82% 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) | 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) | 45.97 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.48 | NEGATIVE | The MACD value suggests ASND has a negative trend. |
| Stochastics (14,3) | 27.33 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for ASND suggests a weak or negative trend. |
ASND Chart- and CandleStick Pattern Analysis
ASND Example Setup
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 |
|---|---|---|---|
| 226.88 | 222.94 | 3.94 (1.74%) | 25.00% |
| An entry @226.88. This is a Buy Stop order right above the resistance zone. | An exit @222.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.94 points, which is 1.74%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
ASND Technicals: Chart, Performance Metrics, Trend & Indicators
225.98
-3.03 (-1.32%)
ASCENDIS PHARMA A/S - ADR / ASND TA FAQ
Can you provide the ChartMill technical rating for ASCENDIS PHARMA A/S - ADR?
ChartMill assigns a technical rating of 10 / 10 to ASND.
What is the trend direction for ASND stock?
The current trend direction for ASCENDIS PHARMA A/S - ADR (ASND) is Bullish.
What is the RSI signal for ASND stock?
ASCENDIS PHARMA A/S - ADR (ASND) has an RSI value of 45.974. 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 224.33 and a resistance level at 226.87. Check the full technical report for our detailed analysis of ASND support and resistance levels.