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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Asensus Surgical, Inc. (AMEX:ASXC)

Sidelines Mode (-55) - ASXC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ASXC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ASXC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_ASXC
Open High Low ASXC Price Change
0.2600 0.2670 0.2600 0.2649 +0.0125
Entry Signal

MarketClub’s Trade Triangles for ASXC

long term down The long-term trend has been DOWN since May 22nd, 2023 at 0.5500

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2024 at 0.3000

short term up The short-term trend has been UP since May 6th, 2024 at 0.2538

Smart Scan Analysis for ASXC

Based on our trend formula, ASXC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ASXC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2600 0.2670 0.2600 0.2649 +0.0125
Prev. Close Volume Bid Ask Time
0.2524 134296 2024-05-09 10:13:49
52wk High0.6952wk High Date2023-05-11
52wk Low0.20452wk Low Date2023-10-30
Average Volume1,108,442Shares Outstanding264,317
Assets59,086,000MLiabilities25,672,000M
P/E Ratio-2.16470000
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