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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Ascent Industries Co. (NASDAQ:ACNT)

Countertrend Up (+85) - ACNT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

Open High Low ACNT Price Change
10.2200 10.3425 9.9900 10.2400 -0.0700
Entry Signal

MarketClub’s Trade Triangles for ACNT

long term up The long-term trend has been UP since Dec 27th, 2023 at 9.7079

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 10.4900

short term down The short-term trend has been DOWN since May 17th, 2024 at 10.0000

Smart Scan Analysis for ACNT

Based on our trend formula, ACNT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ACNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.2200 10.3425 9.9900 10.2400 -0.0700
Prev. Close Volume Bid Ask Time
10.0900 14187 2024-05-17 15:52:21
52wk High11.189952wk High Date2024-03-01
52wk Low7.252wk Low Date2023-12-15
Average Volume6,765Shares Outstanding10,240
P/E Ratio2.7888
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