ASCENT SOLAR TECHNOLOGIES (ASTI) Stock Technical Analysis
NASDAQ:ASTI - Nasdaq - US0436358040 - Common Stock - Currency: USD
Taking everything into account, ASTI scores 5 out of 10 in our technical rating. ASTI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
ASTI 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 ASTI has a been trading in the 1.10 - 3.71 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ASTI has an average volume of 2301530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ASTI is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ASTI is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 67% of 110 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASTI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.64
2.87
We found 1 important support area.
- A support zone ranging from 1.66 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ASTI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTI is neutral. |
| ChartMill Relative Strength | 76.29 | POSITIVE | ASTI has a high relative strength, it outperformed 76.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.7 | OVERBOUGHT | The high RSI value suggests ASTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ASTI has a positive trend. |
| Stochastics (14,3) | 31.98 | NEUTRAL | The Stochastics value for ASTI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for ASTI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.27 | NEGATIVE | The low ADX value for ASTI suggests a weak or negative trend. |
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)
2.84
+1.67 (+143.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg143.78%
1 Week77.5%
2 Weeks69.05%
1 Month80.89%
3 Month101.42%
6 Month-4.05%
12 Month-72.8%
2 Year-99.89%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%8.86%
ATR Inc1370.91%
Range Today1.61
ADR(20)0.2
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.29
Mansfield-1.6
10 Day High3.71
10 Day Low1.1
20 Day High3.71
20 Day Low1.1
52 Week High12
52 Week Low1.1
CS1 End1.68
CR1 StartN/A
Volume & EV
DER(3)-15.23%
DER(5)-12.5%
Volume112.81M
Volume Incr39633.78%
Vol(5)22.63M
Vol(50)2.30M