FRA:ASRG - LU2244386137 - ETF
We assign a technical rating of 2 out of 10 to ASRG. ASRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ASRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
8.79
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for ASRG.DE is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASRG.DE is neutral. |
ChartMill Relative Strength | 35.76 | NEUTRAL | ASRG.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASRG.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASRG.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of ASRG.DE is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.48 | NEUTRAL | The RSI value for ASRG.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ASRG.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 33.65 | NEUTRAL | The Stochastics value for ASRG.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for ASRG.DE suggests low volalility. |
Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for ASRG.DE suggests a weak or negative trend. |
FRA:ASRG (9/5/2025, 7:00:00 PM)
9.2412
+0 (+0.02%)