Taking everything into account, ASPC scores 7 out of 10 in our technical rating. Although ASPC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ASPC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
10.06
4 important support areas can be observed.
- Support @17.37 from a trend line in the daily time frame.
- Support @15.99 from a horizontal line in the daily time frame.
- Support @10.38 from a horizontal line in the daily time frame.
- Support @10.16 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 ASPC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASPC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASPC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASPC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for ASPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests ASPC has a negative trend. |
| Stochastics (14,3) | 17.47 | OVERSOLD | The low Stochastics value suggests ASPC may be oversold. |
| Average True Range in percent/ATR (20) | 42.25 | HIGH VOLATILITY | The high ATR as a percentage value for ASPC suggests high volalility. |
| Average Directional Index/ADX (14) | 66.66 | POSITIVE | The high ADX value value for ASPC suggests a strong trend. |
17.75
-3.62 (-16.94%)
A SPAC III ACQUISITION-CL A / ASPC FAQ
What is the technical rating for ASPC stock?
ChartMill assigns a technical rating of 7 / 10 to ASPC.
Can you provide the trend direction for A SPAC III ACQUISITION-CL A?
The current trend direction for A SPAC III ACQUISITION-CL A (ASPC) is Bullish.
What is the RSI signal for ASPC stock?
A SPAC III ACQUISITION-CL A (ASPC) has an RSI value of 52.1423. This indicates that the stock is currently neutral.
What is the MACD signal for ASPC stock?
The MACD indicator for A SPAC III ACQUISITION-CL A (ASPC) has a value of -0.246233, indicating a bearish trend.
Can you provide the short term momentum for A SPAC III ACQUISITION-CL A?
The short term momentum for A SPAC III ACQUISITION-CL A (ASPC) is positive.