We assign a technical rating of 2 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.
ASRT has a bad technical rating, but it does show 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 0.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.72, a Stop Loss order could be placed below this zone.
More info and screens
0.69
We found 1 important support area.
- A support zone ranging from 0.70 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.84 from a trend line in the weekly time frame.
- Resistance @0.90 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ASRT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASRT is neutral. |
| ChartMill Relative Strength | 25.48 | NEGATIVE | ASRT has a low relative strength, it was outperformed by 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASRT is above the rising 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 | MIXED | The current price of ASRT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.32 | NEUTRAL | The RSI value for ASRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASRT has a positive trend. |
| Stochastics (14,3) | 31.98 | NEUTRAL | The Stochastics value for ASRT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for ASRT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for ASRT suggests a possible start of a new trend. |
0.7801
+0.05 (+6.14%)
ASSERTIO HOLDINGS INC / ASRT FAQ
Can you provide the ChartMill technical rating for ASSERTIO HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 10 to ASRT.
Can you provide the trend direction for ASSERTIO HOLDINGS INC?
The current trend direction for ASSERTIO HOLDINGS INC (ASRT) is Bearish.
What is the RSI signal for ASSERTIO HOLDINGS INC (ASRT) stock?
ASSERTIO HOLDINGS INC (ASRT) has an RSI value of 51.3203. This indicates that the stock is currently neutral.
What is the MACD signal for ASSERTIO HOLDINGS INC (ASRT) stock?
The MACD indicator for ASSERTIO HOLDINGS INC (ASRT) has a value of 0.000514985, indicating a bearish trend.
What is the short term momentum for ASRT stock?
The short term momentum for ASSERTIO HOLDINGS INC (ASRT) is neutral.