Stronger Sell Today ASND ranks #4559 as SELL CANDIDATE. Weaker Sell
Today ASND ranks #4559 as SELL CANDIDATE.

ASND stock Ascendis Pharma A/S

ASND stock
Ascendis Pharma A/S

February 21, 2019
Change -1.44%
Chart period: 2018-11-23 - 2019-02-21
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will ASND stock price go up or down on Fri, 22 Feb 2019?

Ascendis Pharma A/S Forecast and Stock Analysis

Technical ASND stock analysis for February 21, 2019.

Sell candidate since 2019-02-20 Loss -1.44%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.90
ROA -47.48

Ascendis Pharma A/S fell by -1.44% in the last day from $69.98 to $68.97 and has now fallen 4 days in a row. The price has risen in 6 of the last 10 days and is up by 0.41% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -257 912 shares and in total 135 802 shares bought and sold for approximately $9.37 million.

Close price at the end of the last trading day (Thursday, 21st Feb 2019) of the ASND stock was $68.97. This is 1.44% less than the trading day before Wednesday, 20th Feb 2019.

During day the stock fluctuated 4.64% from a day low at $67.36 to a day high of $70.48.

30 day high of the ASND stock price was $75.68 and low was $66.12.
90 day high was $75.83 and low was $54.66.
52 week high for the Ascendis Pharma A/S - $76.99 and low - $53.21.

Trend

Ascendis Pharma A/S lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.09% during the next 3 months and, with 90% probability hold a price between $73.58 and $93.26 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Ascendis Pharma A/S holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $70.67 and $70.35. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday February 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 42 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Ascendis Pharma A/S finds support from accumulated volume at $67.66.

Support: $67.66 Price: $68.97 Resistance: $70.94

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.12 (4.64%) between high and low. For the last week, the stock has had a daily average volatility of 3.62%.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The Ascendis Pharma A/S stock holds several negative signals and despite the positive trend we believe Ascendis Pharma A/S will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Stronger Sell Today ASND ranks #4559 as SELL CANDIDATE. Weaker Sell
Today ASND ranks #4559 as SELL CANDIDATE.