ASSERTIO HOLDINGS INC (ASRT)

US04546C2052 - Common Stock

0.99  -0.03 (-2.94%)

After market: 1.01 +0.02 (+2.02%)

Technical Rating and Analysis

4

Taking everything into account, ASRT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ASRT was also a bad performer in the overall market in the last year.

95% of all other stocks performed better in the past year than ASRT.
ASRT is part of the Pharmaceuticals industry. There are 203 other stocks in this industry, of which 79% are performing better than ASRT.
ASRT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ASRT has an average volume of 1001330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month ASRT has a been trading in the 0.84 - 1.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ASRT Weekly chart
ASRT Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, ASRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for ASRT in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.97

1.16

When analyzing the support we notice one important area.

  • A support zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

4 important resistance areas can be observed.

  • Resistance @1.01 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.03 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.15 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.76
Mansfield-7.36
10 Day High1.19
10 Day Low0.96
20 Day High1.21
20 Day Low0.84
52 Week High8.01
52 Week Low0.77
Performance
1 Week-4.81%
2 Weeks-13.16%
1 Month16.86%
3 Month-7.48%
6 Month-61.33%
12 Month-84.46%
2 Year-65.51%
3 Year-63.74%
5 Year-95.12%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.18
LBB0.91
UBB1.15
ASRT Daily chart

ASSERTIO HOLDINGS INC

NASDAQ:ASRT (3/27/2024, 8:00:38 PM)

After market: 1.01 +0.02 (+2.02%)

0.99

-0.03 (-2.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.94%
1 Week-4.81%
2 Weeks-13.16%
1 Month16.86%
3 Month-7.48%
6 Month-61.33%
12 Month-84.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%8.49%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.19
10 Day Low0.96
20 Day High1.21
20 Day Low0.84
52 Week High8.01
52 Week Low0.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.29M
Volume Incr-13.12%
Vol(5)1.14M
Vol(50)1.00M