ASTERIAS BIOTHERAPEUTICS INC (AST) Stock Technical Analysis
NYSEARCA:AST - NYSE Arca -
Overall AST gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AST was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than AST.
AST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AST has a been trading in the 0.80 - 1.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AST does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.89, a Stop Loss order could be placed below this zone.
More info and screens
0.85
1.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.86 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.04 from a horizontal line in the daily time frame.
- Resistance @1.88 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AST is neutral. |
| ChartMill Relative Strength | 7.13 | NEGATIVE | AST has a low relative strength, it was outperformed by 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.64 | NEUTRAL | The RSI value for AST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.22 | NEUTRAL | The Stochastics value for AST is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for AST suggests high volalility. |
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)
0.945
-0.01 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.53%
1 Week3.85%
2 Weeks1.61%
1 Month8.62%
3 Month-0.53%
6 Month-34.83%
12 Month-50.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.01%
ATR Inc25.17%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.13
Mansfield-2.7
10 Day High1
10 Day Low0.85
20 Day High1
20 Day Low0.8
52 Week High2.05
52 Week Low0.51
CS1 End0.89
CR1 Start0.95
Volume & EV
DER(3)-14.13%
DER(5)-21.48%
Volume99.20K
Volume Incr39.98%
Vol(5)102.86K
Vol(50)159.85K