We assign a technical rating of 0 out of 10 to ASRT. ASRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ASRT is bad and it also does not present a 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.
0.65
4 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 | DOWN | NEGATIVE | The long term trend for ASRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASRT is down. |
| ChartMill Relative Strength | 12.7 | NEGATIVE | ASRT has a low relative strength, it was outperformed by 87.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.57 | NEUTRAL | The RSI value for ASRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASRT has a negative trend. |
| Stochastics (14,3) | 24.3 | NEUTRAL | The Stochastics value for ASRT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for ASRT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for ASRT suggests a possible start of a new trend. |
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0 (-0.02%)
ChartMill assigns a technical rating of 0 / 10 to ASRT.
The current trend direction for ASSERTIO HOLDINGS INC (ASRT) is Bearish.
ASSERTIO HOLDINGS INC (ASRT) has an RSI value of 32.5704. This indicates that the stock is currently neutral.
The MACD indicator for ASSERTIO HOLDINGS INC (ASRT) has a value of -0.00900895, indicating a bearish trend.
The short term momentum for ASSERTIO HOLDINGS INC (ASRT) is negative.