Taking everything into account, ASND scores 7 out of 10 in our technical rating. ASND was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Besides having an excellent technical rating, ASND also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 202.19, 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.
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119.91
3 important support areas can be observed.
- A support zone ranging from 200.59 to 202.19. This zone is formed by a combination of multiple trend lines 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 3 important areas.
- A resistance zone ranging from 204.67 to 210.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @214.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 220.43 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 | 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 | POSITIVE | ASND has a high relative strength, it outperformed 85% 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) | 44.29 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests ASND has a negative trend. |
| Stochastics (14,3) | 50.58 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 11.36 | 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 |
|---|---|---|---|
| 210.34 | 201.12 | 9.22 (4.38%) | 22.81% |
| An entry @210.34. This is a Buy Stop order right above the resistance zone. | An exit @201.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.22 points, which is 4.38%. | For a 1.00% total portfolio risk, you can invest 22.81% 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.
202.99
-5.76 (-2.76%)
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 Bullish.
What is the RSI signal for ASND stock?
ASCENDIS PHARMA A/S - ADR (ASND) has an RSI value of 44.2899. 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 202.19 and a resistance level at 204.67. Check the full technical report for our detailed analysis of ASND support and resistance levels.