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ASTI Stock Tickeron detected bearish Stock Pattern: Flag ASTI on January 27, 2025, netting in a 29.54% gain over 1 month

A.I.dvisor
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+29.54% Gain from a Successful pattern Flag
ASTI - Ascent Solar Technologies Inc
Tickeron
Ticker: ASTI
Company: Ascent Solar Technologies
Gain from shortening: +29.54%
Confirmed: 01/27/25
Succeeded: 02/27/25
Total length: 37 days
On January 21, 2025, A.I.dvisor detected a Flag Pattern (Bearish) for Ascent Solar Technologies Inc (ASTI, $2.81). 6 days later, on January 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 27, 2025, the stock hit the target price of $1.90 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

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 .

Price Prediction Chart

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 .

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ASTI
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General Information

Industry

Profile
Fundamentals
Details
Industry
Electrical Products
Address
12300 Grant Street
Phone
+1 720 872-5000
Employees
18
Web
https://www.ascentsolar.com