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 96 similar instances where the indicator turned negative. In of the 96 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 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
ASTI moved below its 50-day moving average on January 24, 2025 date and that indicates a change from an upward trend to a downward trend.
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 February 13, 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ASTI advanced for three days, in of 173 cases, the price rose further within the following month. The odds of a continued upward trend are .
ASTI and Stocks
Correlation & Price change
A.I.dvisor tells us that ASTI and MAXN have been poorly correlated (+21% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ASTI and MAXN's prices will move in lockstep.
| Ticker / NAME | Correlation To ASTI | 1D Price Change % | ||
|---|---|---|---|---|
| ASTI | 100% | N/A | ||
| MAXN - ASTI | 21% Poorly correlated | -5.10% | ||
| FLUX - ASTI | 20% Poorly correlated | +1.59% | ||
| RUN - ASTI | 14% Poorly correlated | -8.34% | ||
| AEIS - ASTI | 12% Poorly correlated | -1.11% | ||
| OESX - ASTI | 11% Poorly correlated | -3.23% | ||
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