ASCENT SOLAR TECHNOLOGIES (ASTI) Stock Technical Analysis
NASDAQ:ASTI - US0436358040 - Common Stock
1.98 USD
-0.06 (-2.94%)
1.95 USD
-0.03 (-1.52%)
We assign a technical rating of 4 out of 10 to ASTI. In the past year, ASTI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASTI is a bad performer in the overall market: 78% of all stocks are doing better.
ASTI is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 67% of 110 stocks in the same industry do better.
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.
ASTI has an average volume of 3193390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ASTI has a been trading in the 1.65 - 2.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASTI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ASTI 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.
More info and screens
1.75
3.36
When analyzing the support we notice one important area.
- Support @1.77 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.12 to 2.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.97 from a trend line in the daily time frame.
- Resistance @3.33 from a horizontal 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 ASTI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTI is neutral. |
| ChartMill Relative Strength | 22.03 | NEGATIVE | ASTI has a low relative strength, it was outperformed by 77.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASTI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASTI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for ASTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ASTI has a negative trend. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests ASTI may be oversold. |
| Average True Range in percent/ATR (20) | 9.98 | HIGH VOLATILITY | The high ATR as a percentage value for ASTI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.55 | POSITIVE | The high ADX value value for ASTI suggests a strong 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)
1.98
-0.06 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.94%
1 Week-7.48%
2 Weeks-16.46%
1 Month17.86%
3 Month27.74%
6 Month1.02%
12 Month-36.74%
2 Year-99.83%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%9.98%
ATR Inc91.25%
Range Today0.17
ADR(20)0.2
ADR(20)%9.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.03
Mansfield-1.9
10 Day High2.45
10 Day Low1.88
20 Day High2.59
20 Day Low1.65
52 Week High4.41
52 Week Low1.1
CS1 End1.77
CR1 Start2.12
Volume & EV
DER(3)6.26%
DER(5)3.92%
Volume464.40K
Volume Incr1971.32%
Vol(5)3.54M
Vol(50)3.19M