NASDAQ:ASCMA
Delisted

Ascent Capital Group Stock Forecast

$0.82
+0 (+0%)
At Close: Sep 24, 2019
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Tuesday for Ascent Capital Group
(Updated on Sep 24, 2019)

Sell candidate since Sep 18, 2019 PDF

No changes to the price of Ascent Capital Group stock on the last trading day (Tuesday, 24th Sep 2019). During the last trading day the stock fluctuated 0% from a day low at $0.82 to a day high of $0.82. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.98 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.

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ASCMA Signals & Forecast

The Ascent Capital Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.82 and $0.82. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, September 23, 2019, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Ascent Capital Group stock

Ascent Capital Group finds support from accumulated volume at $0.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ASCMA) For The Upcoming Trading Day Of Wednesday 25th

For the upcoming trading day on Wednesday, 25th we expect Ascent Capital Group to open at $0.82, and during the day (based on 14 day Average True Range), to move between $0.783 and $0.85, which gives a possible trading interval of +/-$0.0348 (+/-4.25%) up or down from last closing price. If Ascent Capital Group takes out the full calculated possible swing range there will be an estimated 8.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.80 (2.20%) than the resistance at $0.85 (3.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ascent Capital Group stock A Buy?

Ascent Capital Group holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.531 Sell Candidate Unchanged

Predicted Opening Price for Ascent Capital Group of Wednesday, September 25, 2019

Fair opening price September 25, 2019 Current price
$0.82 ( 0%) $0.82

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ASCMA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.82 .
R2 0.82 .
R1 0.82 .
Current price: 0.82
Support S1 0.82 .
S2 0.82 .
S3 0.82 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.93 13.69 %
R2 0.92 12.84 %
R1 0.85 3.91 %
Current price 0.82
Support S1 0.80 -2.20%
S2 0.720 -11.98%
S3 0.700 -14.43%

FAQ

What is the symbol for Ascent Capital Group Stock and on which exchange is it traded?
The symbol for Ascent Capital Group is ASCMA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ascent Capital Group Stock?
Ascent Capital Group holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Ascent Capital Group Stock?
Ascent Capital Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ascent Capital Group Stock.

What's the current price of Ascent Capital Group Stock?
As of the end of day on the 2019-09-24, the price of an Ascent Capital Group (ASCMA) share was $0.82.

What is the 52-week high and low for Ascent Capital Group Stock?
The 52-week high for Ascent Capital Group Stock is $2.50 and the 52-week low is $0.252.
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About Ascent Capital Group

Ascent Capital Group, Inc., through its subsidiary, Monitronics International, Inc., provides security alarm monitoring and related services to residential and business subscribers in the United States and Canada. The company monitors signals arising from burglaries, fires, medical alerts, and other events through security systems at subscribersÂ’ premises. It offers a range of residential security services, including hands-free two-way interacti... ASCMA Profile

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