ASTI Ascent Solar Technologies Inc Forecast, Technical & Fundamental Analysis

ASTI's Stochastic Oscillator is sitting in oversold zone for 2 days

Be on the lookout for a price bounce soon.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 26, 2024. You may want to consider a long position or call options on ASTI as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ASTI just turned positive on December 26, 2024. Looking at past instances where ASTI's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .

ASTI moved above its 50-day moving average on December 26, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ASTI advanced for three days, in of 166 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 86 cases where ASTI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

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 .

ASTI broke above its upper Bollinger Band on December 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.