Question 1

What implications does the 10-day RSI indicator have for ASND?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ASND's RSI Oscillator exited the oversold zone, 24 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about ASND's trend?

Accepted Answer

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did ASND's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 13, 2024. You may want to consider a long position or call options on ASND as a result. In 67 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for ASND?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ASND just turned positive on August 13, 2024. Looking at past instances where ASND's MACD turned positive, the stock continued to rise in 42 of 54 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for ASND?

Accepted Answer

ASND moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for ASND?

Accepted Answer

The 10-day moving average for ASND crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for ASND?

Accepted Answer

Following a +1.98% 3-day Advance, the price is estimated to grow further. Considering data from situations where ASND advanced for three days, in 209 of 294 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.

Question 8

What does a 3-day decline signify for ASND's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASND declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 9

What does ASND breaking above its upper Bollinger Band indicate?

Accepted Answer

ASND may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

How does the Aroon Indicator reflect on ASND's trend?

Accepted Answer

The Aroon Indicator for ASND entered a downward trend on August 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ASND Stock Ascendis Pharma A/S (ASND, $134.46) Stochastic Oscillator left the overbought zone on June 04, 2024

ASND's Stochastic Oscillator is staying in overbought zone for 3 days

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