Taking everything into account, ASTI scores 8 out of 10 in our technical rating. In the last year, ASTI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although ASTI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.09
When analyzing the resistance we notice one important area.
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 ASTI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASTI is up. |
| ChartMill Relative Strength | 91.15 | POSITIVE | ASTI has a high relative strength, it outperformed 91.15% 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) | 76.45 | OVERBOUGHT | The high RSI value suggests ASTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ASTI has a positive trend. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests ASTI may be overbought. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for ASTI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.14 | POSITIVE | The high ADX value value for ASTI suggests a strong trend. |
3.12
-0.17 (-5.17%)
ChartMill assigns a technical rating of 8 / 10 to ASTI.
The current trend direction for ASCENT SOLAR TECHNOLOGIES (ASTI) is Bearish.
ASCENT SOLAR TECHNOLOGIES (ASTI) has an RSI value of 76.4498. This indicates that the stock is currently overbought.
The short term momentum for ASCENT SOLAR TECHNOLOGIES (ASTI) is positive.