ASTI Ascent Solar Technologies Inc Forecast, Technical & Fundamental Analysis
Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance... Show more
Momentum Indicator for ASTI turns negative, indicating new downward trend
ASTI saw its Momentum Indicator move below the 0 level on February 20, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned negative. In of the 93 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for ASTI turned negative on February 26, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASTI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ASTI entered a downward trend on March 04, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ASTI advanced for three days, in of 172 cases, the price rose further within the following month. The odds of a continued upward trend are .
ASTI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
ASTI and Stocks
Correlation & Price change
A.I.dvisor tells us that ASTI and SUNE have been poorly correlated (+24% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ASTI and SUNE's prices will move in lockstep.
| Ticker / NAME | Correlation To ASTI | 1D Price Change % | ||
|---|---|---|---|---|
| ASTI | 100% | +0.61% | ||
| SUNE - ASTI | 24% Poorly correlated | +19.72% | ||
| MAXN - ASTI | 21% Poorly correlated | +3.63% | ||
| AEIS - ASTI | 12% Poorly correlated | -2.11% | ||
| ENS - ASTI | 10% Poorly correlated | -1.28% | ||
| ARRY - ASTI | 6% Poorly correlated | -1.72% | ||
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Groups containing ASTI
Correlation & Price change
| Ticker / NAME | Correlation To ASTI | 1D Price Change % |
|---|---|---|
| ASTI | 100% | +0.61% |
| Utilities category (363 stocks) | 16% Poorly correlated | +0.04% |
| Electrical Products category (94 stocks) | 2% Poorly correlated | +0.55% |