ASCENDIS PHARMA A/S - ADR (ASND) Stock Technical Analysis
NASDAQ:ASND - Nasdaq - US04351P1012 - ADR - Currency: USD
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 long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ASND is one of the better performing stocks in the market, outperforming 87% of all 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 557 other stocks in this industry. ASND outperforms 85% of them.
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 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. 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 a support zone below the current price at 166.79, a Stop Loss order could be placed below this zone.
More info and screens
119.91
179.34
We found 5 important support areas.
- A support zone ranging from 166.35 to 166.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @158.02 from a trend line in the daily time frame.
- A support zone ranging from 151.24 to 151.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 129.63 to 130.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 121.12 to 122.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 173.07 to 173.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @177.56 from a horizontal line 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASND is up. |
| ChartMill Relative Strength | 87.4 | POSITIVE | ASND has a high relative strength, it outperformed 87.4% 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) | 56.29 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ASND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.66 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for ASND suggests a weak or negative 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 |
|---|---|---|---|
| 173.34 | 166.34 | 7.00 (4.04%) | 24.76% |
| An entry @173.34. This is a Buy Stop order right above the resistance zone. | An exit @166.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.00 points, which is 4.04%. | For a 1.00% total portfolio risk, you can invest 24.76% 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.
170.8
-0.12 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.07%
1 Week-1.31%
2 Weeks4.89%
1 Month8.42%
3 Month11.65%
6 Month31.52%
12 Month33.81%
2 Year91.37%
3 Year83.73%
5 Year15.48%
10 Year866.06%
15 YearN/A
Volatility
ATR(14)6.49
ATR(20)%3.65%
ATR Inc-38.41%
Range Today4.17
ADR(20)6.13
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.4
Mansfield1.58
10 Day High179.4
10 Day Low165.02
20 Day High179.4
20 Day Low153.49
52 Week High183
52 Week Low111.09
CS1 End166.79
CR1 Start173.07
Volume & EV
DER(3)-1.18%
DER(5)-1.39%
Volume369.80K
Volume Incr-22.49%
Vol(5)343.40K
Vol(50)519.80K