Technical Analysis for ACNT - Ascent Industries Co.

Grade Last Price % Change Price Change
B 10.49 1.55% 0.16
ACNT closed up 1.55 percent on Wednesday, November 20, 2024, on 17 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
NR7 Range Contraction 1.55%

   Recent Intraday Alerts

Alert Time
Up 1% about 19 hours ago
Gap Down Closed about 19 hours ago
Reversed from Down about 19 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Rose Above Previous Day's High about 19 hours ago

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Profile

Ascent Industries Co. Description

Ascent Industries Co., through its subsidiaries, manufactures and sells metals and specialty chemicals in the United States and internationally. The company manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Mining Chemical Oil And Gas Plumbing Food Service Stainless Steel Construction Equipment Piping Paint Fiberglass Pipe Biomaterial Contract Manufacturing Services Metal Working

Is ACNT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.1899
52 Week Low 7.27
Average Volume 68,836
200-Day Moving Average 9.98
50-Day Moving Average 9.49
20-Day Moving Average 9.63
10-Day Moving Average 9.81
Average True Range 0.42
RSI (14) 71.43
ADX 25.39
+DI 21.87
-DI 6.76
Chandelier Exit (Long, 3 ATRs) 9.25
Chandelier Exit (Short, 3 ATRs) 10.30
Upper Bollinger Bands 10.28
Lower Bollinger Band 8.99
Percent B (%b) 1.17
BandWidth 13.38
MACD Line 0.19
MACD Signal Line 0.08
MACD Histogram 0.1135
Fundamentals Value
Market Cap 106.22 Million
Num Shares 10.1 Million
EPS -2.00
Price-to-Earnings (P/E) Ratio -5.25
Price-to-Sales 0.29
Price-to-Book 1.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.05
Resistance 3 (R3) 10.99 10.74 10.95
Resistance 2 (R2) 10.74 10.60 10.77 10.92
Resistance 1 (R1) 10.62 10.51 10.68 10.68 10.89
Pivot Point 10.37 10.37 10.41 10.40 10.37
Support 1 (S1) 10.25 10.23 10.31 10.31 10.09
Support 2 (S2) 10.00 10.14 10.03 10.06
Support 3 (S3) 9.88 10.00 10.03
Support 4 (S4) 9.94