ASCOPIAVE SPA (ASC.MI) Stock Technical Analysis
BIT:ASC - Euronext Milan - IT0004093263 - Common Stock - Currency: EUR
Overall ASC gets a technical rating of 6 out of 10. In the last year, ASC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ASC is one of the lesser performing stocks in the Gas Utilities industry. 100% of 4 stocks in the same industry do better.
In the last month ASC has a been trading in the 2.77 - 2.98 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ASC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ASC slightly outperforms the market at the moment.
When comparing the performance of all stocks over the past year, ASC turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Considerably lower volume is observed in the last couple of days.
ASC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.81, a Stop Loss order could be placed below this zone.
More info and screens
2.39
2.99
We found 3 important support areas.
- A support zone ranging from 2.78 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.62 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.41 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.87 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.49
Mansfield0.68
10 Day High2.99
10 Day Low2.77
20 Day High2.99
20 Day Low2.77
52 Week High2.99
52 Week Low2.15
Performance
1 Week-2.9%
2 Weeks-2.9%
1 Month0.53%
3 Month3.64%
6 Month6.55%
12 Month14.72%
2 Year6.55%
3 Year-17.42%
5 Year-15.45%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)49
LBB2.78
UBB3
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.91 | 2.77 | 0.14 (4.81%) | 20.80% |
| An entry @2.91. This is a Buy Stop order right above the 10 day moving average. | An exit @2.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 4.81%. | When investing 20.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:ASC (3/7/2025, 7:00:00 PM)
2.845
+0.05 (+1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.86%
1 Week-2.9%
2 Weeks-2.9%
1 Month0.53%
3 Month3.64%
6 Month6.55%
12 Month14.72%
2 Year6.55%
3 Year-17.42%
5 Year-15.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.85%
ATR Inc13.75%
Range Today0.06
ADR(20)0.05
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.49
Mansfield0.68
10 Day High2.99
10 Day Low2.77
20 Day High2.99
20 Day Low2.77
52 Week High2.99
52 Week Low2.15
CS1 End2.81
CR1 Start2.87
Volume & EV
DER(3)-0.46%
DER(5)-4.32%
Volume48.45K
Volume Incr-71.88%
Vol(5)17.77K
Vol(50)40.89K