
USA - NYSEARCA:ASTX - US46143U5424 - ETF
We assign a technical rating of 3 out of 10 to ASTX. In the last year, ASTX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of ASTX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
40.54
We found 1 important resistance 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 | UP | POSITIVE | The long term trend for ASTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASTX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASTX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASTX is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 40.49 | NEUTRAL | The RSI value for ASTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.83 | NEGATIVE | The MACD value suggests ASTX has a negative trend. |
| Stochastics (14,3) | 6.29 | OVERSOLD | The low Stochastics value suggests ASTX may be oversold. |
| Average True Range in percent/ATR (20) | 29.77 | HIGH VOLATILITY | The high ATR as a percentage value for ASTX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for ASTX suggests a possible start of a new trend. |
40.95
-6.85 (-14.33%)
ChartMill assigns a technical rating of 3 / 10 to ASTX.
The current trend direction for TRADR 2X LONG ASTS DAILY ETF (ASTX) is Bullish.
TRADR 2X LONG ASTS DAILY ETF (ASTX) has an RSI value of 40.4896. This indicates that the stock is currently neutral.
The MACD indicator for TRADR 2X LONG ASTS DAILY ETF (ASTX) has a value of -3.8308, indicating a bearish trend.
The buy/sell signal for TRADR 2X LONG ASTS DAILY ETF (ASTX) is hold as the short term and long term trends are mixed.