Overall ASND gets a technical rating of 8 out of 10. ASND has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although ASND has an excellent technical rating, it does not offer a high quality setup 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.
119.91
When analyzing the support we can see 4 important areas.
3 important resistance areas can be observed.
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 | 87.46 | POSITIVE | ASND has a high relative strength, it outperformed 87.46% 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 | MIXED | The current price of ASND is below 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) | 41.31 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests ASND has a negative trend. |
| Stochastics (14,3) | 22.93 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ASND suggests high volalility. |
| Average Directional Index/ADX (14) | 9.69 | NEGATIVE | The low ADX value for ASND suggests a weak or negative trend. |
196.63
-10.49 (-5.06%)
ChartMill assigns a technical rating of 8 / 10 to ASND.
The current trend direction for ASCENDIS PHARMA A/S - ADR (ASND) is Bullish.
ASCENDIS PHARMA A/S - ADR (ASND) has an RSI value of 41.3104. This indicates that the stock is currently neutral.
The short term momentum for ASCENDIS PHARMA A/S - ADR (ASND) is neutral.
ASCENDIS PHARMA A/S - ADR (ASND) has a support level at 196.62 and a resistance level at 198.47. Check the full technical report for our detailed analysis of ASND support and resistance levels.