Asensus Surgical Inc (ASXC) Stock Technical Analysis
NYSEARCA:ASXC - NYSE Arca - US04367G1031 - Common Stock - Currency: USD
Overall ASXC gets a technical rating of 6 out of 10. In the last year, ASXC 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.
ASXC is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. ASXC outperforms 91% of them.
ASXC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASXC is lagging the market slightly.
In the last month ASXC has a been trading in the 0.17 - 0.35 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.
ASXC has an average volume of 2646910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ASXC is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASXC has an average technical rating and it also does not offer a high 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.
More info and screens
0.21
0.35
We found 3 important support areas.
- Support @0.29 from a trend line in the daily time frame.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.21 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for ASXC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASXC is neutral. |
| ChartMill Relative Strength | 91.45 | POSITIVE | ASXC has a high relative strength, it outperformed 91.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASXC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.19 | NEUTRAL | The RSI value for ASXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASXC has a positive trend. |
| Stochastics (14,3) | 91.62 | OVERBOUGHT | The high Stochastics value suggests ASXC may be overbought. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for ASXC suggests high volalility. |
| Average Directional Index/ADX (14) | 44.93 | POSITIVE | The high ADX value value for ASXC 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)
0.3479
+0 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.64%
1 Week24.25%
2 Weeks10.51%
1 Month2.9%
3 Month44.36%
6 Month13.99%
12 Month23.37%
2 Year-35.57%
3 Year-84.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.02%
ATR Inc64.57%
Range Today0
ADR(20)0.02
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.45
Mansfield0.83
10 Day High0.35
10 Day Low0.17
20 Day High0.35
20 Day Low0.17
52 Week High0.4
52 Week Low0.17
CS1 End0.29
CR1 StartN/A
Volume & EV
DER(3)2.21%
DER(5)5.71%
Volume4.00M
Volume Incr211.92%
Vol(5)6.03M
Vol(50)2.65M