ASCENDIS PHARMA A/S - ADR (ASND) Technical Analysis
NASDAQ:ASND • US04351P1012
Current stock price
ASND Technical Rating and Analysis
Taking everything into account, ASND scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, ASND did better than 84% 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 517 other stocks in this industry, ASND did better than 63% of them.
- In the last month ASND has a been trading in the 212.59 - 245.63 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. There is a resistance zone just above the current price starting at 240.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 217.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASND in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
ASND Support and Resistance Analysis
119.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 214.77 to 217.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 206.97 to 209.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @200.59 from a horizontal line in the daily time frame.
- Support @121.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | 84.45 | POSITIVE | ASND has a high relative strength, it outperformed 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASND is above a declining 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) | 53.82 | NEUTRAL | The RSI value for ASND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ASND has a positive trend. |
| Stochastics (14,3) | 64.03 | NEUTRAL | The Stochastics value for ASND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ASND suggests some volalility. |
| Average Directional Index/ADX (14) | 16.48 | 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 |
|---|---|---|---|
| 242.11 | 214.76 | 27.35 (11.30%) | 8.85% |
| An entry @242.11. This is a Buy Stop order right above the resistance zone. | An exit @214.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 27.35 points, which is 11.30%. | For a 1.00% total portfolio risk, you can invest 8.85% of your capital in this trade. |
- 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
229.25
+1.01 (+0.44%)
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 8 / 10 to ASND.
Can you provide the trend direction for ASCENDIS PHARMA A/S - ADR?
The current trend direction for ASCENDIS PHARMA A/S - ADR (ASND) is Bullish.
What is the RSI signal for ASCENDIS PHARMA A/S - ADR (ASND) stock?
ASCENDIS PHARMA A/S - ADR (ASND) has an RSI value of 53.8161. This indicates that the stock is currently neutral.
What is the MACD signal for ASND stock?
The MACD indicator for ASCENDIS PHARMA A/S - ADR (ASND) has a value of 0.341808, indicating a bearish trend.